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| I have posted various details for corn & will also do the same for soybeans & wheat later. Most are available for down load as pdf files on the front page.
My initial reaction & model suggests the S&D is too light on feed & residual and exports....the current stocks to use is 8.7 & I believe headed lower...however I envision a Sell the News reaction today due to the overload of longs in this market. The market needs a Clean Out of some donut dusters.
http://www.perspicuousrisk.com/ | |
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USDA
