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USDA Numbers 4/11/23

Twenty Minutes after Report was released:

  • May corn down 2

  • May beans up 9

  • July CBOT wheat down down 2

  • July KC wheat down 6

  • Sept Spring wheat down 11

No change for our longer term pricing recommendations.

Question is to ponder:

How do we lose 57 million bushels of soybeans in three months and not change the S&D?

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