Looking ahead to Monday's reports09/09/2011 - 09/20/2011
On Monday, USDA will release its monthly Crop Production and World Agricultural Supply & Demand Estimates (WASDE) reports, and early expectations are that the numbers will lead to a tighter marketplace for corn, soybeans and wheat.
Analysts see a shrinking corn harvest this fall as well as tighter soybean supplies, also driven by a smaller bean crop this year. Wheat supplies are also expected to decline, but more from an increase in the amount of wheat fed to livestock in the last few months when corn prices have been surging.
Look for full coverage of the reports Monday morning when they're released at 7:30 AM CDT.