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Not totally unexpectedly, the USDA lowers its corn forecast 12% to 12.97B Bushels; the projected...

Not totally unexpectedly, the USDA lowers its corn forecast 12% to 12.97B Bushels; the projected yield is cut 20 bushels/acre to 146 bushels, "reflecting the rapid decline in crop conditions since early June and the latest weather data." Corn prices surge in response.
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