West of Mpls MN about 50 miles on Hwy 12 | Look across the pond! ! !
Is 3.0 mmt less a lot?
USDA's attache in Argentina estimated the corn crop at 24.0 million metric tons, just one day after USDA boosted its official estimate to 27.0 mmt. To explain the difference, the attache said that most analysts expect plantings to be down 5% to 15% from a year ago.
Japan bought over 9.5 million bushels of new crop corn today.
World corn stocks continue to shrink.
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