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

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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Comments (1)
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    and they did...good for inflation....
    10 Apr 2012, 08:49 AM Reply Like
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