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| Exports dont matter 15% vs feed 40% and ethanol 45 % of demand. The bearish pundits focus on exports when they want to justify a bearish move. Weekly numbers on ethanol have been higher and I have trouble believing the USDA has any idea what feed demand is. The large money flow is overiding the market fundamentals (record high basis ) creating the illusion we have plenty of corn, don't be fooled we do not. | |
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corn
