As of 11:40
It was a nothing report on the US side for corn, beans and wheat. AS Yield was not touched, nor demand. Cotton on the other hand….really bullish. Markets were expecting a 6.7 million bale carryout, its now 5.5 as Texas crop failures were finally admitted. My opinion has not changed. S.am production will dictate how high corn and beans can go, demand appears to be going now where in the eyes of the USDA as exports were raised in every market I cover for ya’ll.
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