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USDA Acreage & Quarterly Grain Stocks

Tomorrow, Wednesday, June 30th, USDA will release updated acreage figures and the quarterly Grain Stocks report. The stocks report will indicate the level of inventories for corn and soybeans as of June 1. We’ll also learn by how much, if any, USDA changes the number of planted acres for corn and soybeans. In March, producers reported intentions to plant 88.8 million acres of corn and 78.1 million acres of soybeans in 2010.

AUDIO: Dr. Darrel Good, Univ. of Illinois (3:00 MP3)