Grain TV: Corn Exports Ramp Up with Reduced Prices
While grains continue to sell off corn has seen a sharp ramp up in export demand. If that demand continues it should help to find a bottom for the market. Based on historical data and current expectations it is likely for heavy downside potential to remain in soybeans.
By Emily Unglesbee DTN Staff Reporter USDA boosted corn acres above pre-report expectations to 94.15 million acres, up 7% from last year. Soybean acres also rose to 83.69 million acres,