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USDA Numbers 1/12/23

Quite Bullish Corn.

Friendly Beans.

Neutral to a Tad Negative for Wheat.

Nothing here to change our longer term recommendations.

Note: These bullish bean numbers are going to buy a lot of beans from farmers in the US and SA. Every week the past year, we showed you the soybean season trend is down from the middle of January to first week in February and it is because the market is pricing-in the Brazilian soybean crop.

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