USDA's planted acreage report 'blindsided' the market
USDA blindsided the trade in what will go down as one of the largest report estimates from expectations in history.
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USDA blindsided the trade in what will go down as one of the largest report estimates from expectations in history.
The first five months of the year saw the grains push to levels not seen in decades, but the month of June pulled most of those gains out of the marketplace, and by mid-year, most of the markets were either unchanged or slightly lower for the year so far. What was a surprise was how the market handled the U.S. Department of Agriculture's June 30 reports, as the market virtually ignored them.
CHICAGO, June 30 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural futures fell across the board on Thursday, led by corn.