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Cash bids for soybeans and sorghum rose from December 10, while wheat and corn were mixed. The December WASDE raised U.S. corn carryout by about 45 million bushels on lower ethanol demand, and soybean carryout was unchanged.
A larger corn carryout signals ample U.S. feed supplies, which weighs on feed grain prices.
hpj.comHPJ StaffDec 17, 2018Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
