USDA Delivers Bearish Crop Estimates

Posted on 03/09/2017 10:21 AM
Today's Crop Production Report featured corn, soybean and wheat estimates that were all higher than anticipated. But there was a bullish surprise, as USDA's old-crop soybean carryover estimate was slashed more than anticipated. That helped ease pressure from the bearish crop estimates. Strong export demand news also helped ease selling...