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Analyst Kevin Van Trump expects U.S. corn demand to surprise to the upside, citing strong exports, ethanol, and rising livestock feed demand. He estimates planted corn acres at 88.5 to 89.5 million and notes Argentina's crop is shrinking while Brazil's second crop is improving.
Expectations of stronger demand and a smaller Argentine crop support corn prices, though a Brazilian recovery offers some offset for export markets.
farmprogress.comKevin Van TrumpMar 28, 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.
