Daily archive for August 12, 2014

COMMENTARY 8/12/14

CORN                       UP 2 The USDA didn’t believe the trade’s 170 bpa average yield estimate.  They added just 2.1 bushels to the avg yield taking it from 167.4  to 167.4.  This adjustment, with no change in harvested area boosted production 172 mbu to 14.03 billion (vs avg trade guess of 14.252bill). […]

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