Surprisingly Bearish USDA Reports Hammer Grain Futures.

• Corn Planted Acreage Up 5 Percent from 2010
• Soybean Acreage Down 3 Percent
• All Wheat Acreage Up 5 Percent
• All Cotton Acreage Up 25 Percent

Corn Planted Acreage Up 5 Percent from 2010

USDA: Wheat Acreage Report

USDA: Soybean Acreage Report

USDA: Cotton Acreage Report 

USDA: Weekly Export sales Report

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 Farms.com Risk Management Expert Moe Agostino Reviewing USDA Acreage Report  Lets hear what He is saying:

Surprisingly Bearish USDA Reports Hammer Grain Futures.
Click below to hear video commentary.

See what Experts are Saying about the USDA Acreage Report:

>>    Stu Ellis: USDA Acreage Numbers Have Surprises

USDA surprised the market Thursday morning by projecting 92.3 million acres were planted to corn this year.  
The market had been anticipating about 90.7 million, and no more than 91.5 million acres.  
For soybeans, however, the numbers went the other way.  

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>>   D. Good: USDA Reports Sink The Corn Market

A year ago, the USDA’s June Grain Stocks and Acreage reports provided bullish surprises for 
the corn market and triggered a year long rally in prices. 
The same two reports released today provided a lot of bearish information. 

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