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Ne Nebraska | First, I'm thankful the market is moving up, but with the amount of bullish news from the progress and emergence numbers I would have expected more reaction from the CBOT. Seems a lukewarm rally so far- kinda makes me uneasy..
Trend yield and the original corn acres forecast are toast but the market seems to be shrugging their shoulders still in a "prove it" stage. I have a hard time believing yield can be 170 or better and that changes the carryout numbers hugely. | |
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