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Friday, September 08, 2006

Corn Traders Await USDA Report

Corn traders await USDA report: Corn traders are beginning to square their positions ahead of September's USDA crop report. The report scheduled to be released on Tuesday, will give traders a better feel for the size of this year's crop. Current estimates are for a 2006-07 Corn crop of 11 billion bushels, nearly 25 million bushels better than last month's USDA estimate. Corn yields are expected to increase to 152.5 bushels an acre, up 0.3 bushels per acre. Read More....