Summary: A report from USDA that shocked traders, jolted the market higher as the prospective plantings report came in way below expectations. For the week, May wheat lost 2 cents while the nearby corn contract added 7 cents. A limit up move on Wednesday was fueled by fewer than predicted acres and a lower than expected carryout. It was barely enough to keep the shortened trading week in the green. May soybeans gained 2 cents. May meal improved $6.20. May cotton shrank by $2.43 per hundredweight. Over in the dairy parlor, May Class III milk futures expanded 88 cents.
