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Bearish report but bullish reaction?
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Conan the Farmer
Posted 6/9/2017 18:57 (#6062506 - in reply to #6062354)
Subject: RE: Bearish report but bullish reaction?



South Central Iowa
And with usage of 14,300 and carry-in of 2,300, total supply of 15,200 drops carryout to 900 million bushel; a 6% stocks-use which is tight.

In order for usage to drop under that scenario, price must rise from here.
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