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Rabo AgriFinance analyst Sterling Liddell says the odds of sustained $4 corn are the best in two years, citing fewer projected corn acres of about 88 million and possible planting delays from cold weather. He estimates a better-than-59 percent chance that stocks-to-use falls below 12 percent.
Lower acreage and possible planting delays point to higher corn prices, so buyers should expect firmer feed grain costs this season.
brownfieldagnews.comMark DorenkampApr 27, 2018Not 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.
