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The USDA sees corn ending stocks unchanged from last month's estimate of 801M bushels. Soybean...

  • Tuesday, April 10, 2012, 8:44 AM ET
    The USDA sees corn ending stocks unchanged from last month's estimate of 801M bushels. Soybean ending stocks are reduced to 250M bushels from 275M, wheat to 793M from 825M. It's a slightly bearish number for corn as consensus was looking for lower stocks, but owners of the grain don't appear to be in a mood to sell yet. Wheat and beans are indicated to open solidly higher.
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  • and they did...good for inflation....
    10 Apr 2012, 08:49 AM Reply Like
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