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N.W. Ohio | USDA says ending stocks of what? 960 milion bu. So my assumption is that much of the trade is using a similar number? But if China doesn’t start buying and shipping big time fairly soon, I could see that ending stocks number ultimately hitting 1.2-1.3 billion. Can we have that large of ending stocks and maintain prices where they currently are? Idk? But I have my doubts. You are correct confusion is rampant in the bean trade. | |
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