Fri USDA

[nw9flynn]

Does anybody think that there will be any surprises? Canola and Wheat are drifting but beans seem to be making slow gains. Is that market telling us something early about what we can expect in the report? Will beans be in for a shock and see a 20cent move? or more?

[parsley]

I don't think there will be any huge suprises. There is alot of speculation right now just what there is for Corn acres. Some suggest it could be as high as 90 million acres. This would be up 12 million from last year. That would be huge. Others don't feel that the rise is that much.

Soyabeans are coming in at around 66 million acres for next most feel that is to low.

So all and all I don't expect a major suprise Friday.

I would suspect everything to kind of keep trading sideways for the next month until the seeding intentions is announced March 30. But you never know what can happen with a weather scare.

[kamichel]

Seems to me Canola is on sale at the moment compared to beans. I wonder were the US farmers expect to find Nitrogen fertilizer for the corn acres.