Weekly Outlook: USDA Report
May 13, 2003
URBANA—Prices of corn, soybeans, and wheat will continue to be influenced by a number of factors, but the projection in a May 11 USDA report were generally less bullish than expected, particularly for corn and soybeans, said a University of Illinois Extension marketing specialist.
The comment by Darrel Good came as he reviewed the USDA’s May update of projected U.S. and world crop supplies and consumption.