date:May 15, 2012
tion decreased sharply. Primarily as a result of changes in South America, anticipated world corn production has grown by 250 million bushels and anticipated world soybean production has dropped by about 575 million bushels since the USDA's intentions survey was completed, Hurt says. Grain markets have been asking for more soybean acres, and that request turned into a plea with the latest USDA updates. Markets are now in their last-gasp effort to convince farmers to plant more acres of soybeans