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NW Indiana | The market isn't trading any certain number right now in my opinion. The funds are wagering a good crop is coming. They do not care if it is 178 or 184 right now but instead they are playing the momentum game. They already are halfway to a full short position leaving the door open for potential fireworks if things start to become into question. There is already some holes in the crop, IA being great and IL likely trailing last year to offset it. The wind storm in mid may took some yield along with wetness in areas and dryness in NE.
Edited by IN555 6/13/2025 09:52
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What corn yield is market trading?
