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The USDA's highly anticipated crop report pegs the corn harvest at 10.779B bushels, 150M less...

The USDA's highly anticipated crop report pegs the corn harvest at 10.779B bushels, 150M less then expected. The yield of 123.4 bushels/acre (vs. 127.4 est.) is the lowest since 1995. Ending stocks are pegged at a tiny 650M bushels, down from 1.18B. Traders sell the news, Sept. corn flat now after being a dime higher before the report.
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  • leokaplin
    , contributor
    Comments (202) | Send Message
     
    Sell CF
    10 Aug 2012, 02:53 PM Reply Like
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