USDA planting intentions report out tomorrow morning with expected acreage totals below:
Corn 83-85 million acres vs 86.0 last year
Soybeans 78-81 vs 75.7 last year
All wheat 56-59 vs 63.1 last year
Spring wheat 13-14 vs 14.13 last year
Dow Jones Industrial average down 254 pts to 7522 and crude oil down $3.92 barrel to $48.46 also contributed to the lower agriculture commodity closes.
USDA Report out tomorrow morning at 7:30, give your merchandiser at Elburn Coop a call to discuss what it said and what the opening calls are.
Thanks,
Scott Meyer
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