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A Texas A&M economist expects a large 2020 U.S. corn crop, with prices projected flat to lower near $3.50 a bushel. He noted the U.S. is the leading corn producer, user and exporter.
Expectations of abundant U.S. supply point to stable to lower corn feed costs in 2020.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.