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NW Indiana | Another huge week for corn with old crop at 170k while new crop with a whopping 3.163mmt. Also continued daily sales announcements of corn. Soybeans with an impressive old crop number of 468k while new crop lagging because the 800 lb gorilla of china is still missing at 545k which if continues very long we will quickly fall behind. Even wheat had a strong sales at 738k.
Corn is absolutely at bargain sale prices. I would love to say the same about soybeans but without China we are screwed. | |
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Green
