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NeMO | 2nd tightest stocks to use rate for corn since 2012. World stocks to use ratio the lowest since 2013/2014 with a bumper SA crop figured in. 25/26 world stocks to use is projected to decline even further. And here we sit with corn in the low to mid 4's.
The dollar has been in a steady decline and now crude is zooming higher. And corn continues to do nothing. We can't blame usda for this one. Their numbers say corn should be much higher. Old crop anyway. | |
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Corn market
