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Take PP on corn, don't plant to beans
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Citi Farms
Posted 5/14/2019 15:36 (#7497164 - in reply to #7497150)
Subject: RE: Take PP on corn, don't plant to beans


Yes it could. Reducing the corn carryout by 1 billion bushel should leave adequate ending stocks and the price in a range that should be profitable but not so high as to cause a major loss of demand.

This could keep the next year priced in a reasonable starting position from a fundamental standpoint.
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