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USDA November Numbers 11/9/23

The numbers are:

  • Bearish corn Do not panic sell anything. The worst is over.

  • Negative beans

  • Neutral Wheat

27 Minutes After Report was released:

  • December corn -6; made a new low for the year at $4.66½; $4.70 last

  • November beans -15

  • December CBOT wheat -15

  • December KC wheat -8

  • December Spring wheat -5

USDA is already sandbagging for poor South American Production

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