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Yield increase of 2.7 bu. per acre pushes carryout to 1.849 billion bushels, sending stocks-to-use back above 10%.
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Brian Grete with Commstock Investments says a corn yield decrease was built in ahead of the report with average trade guesses .7 bu. lower than September. This is the largest October yield increase back to 2004.
Late-season hurricane puts Southeast harvest at risk as producers rush to bring in cotton, peanuts and row crops.
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Strategic equipment management is one valuable way to protect soil structure and preserve yield potential when wet conditions force tough decisions.
Randy Martinson of Martinson Ag, says risk off selling in the grains was tied to harvest pressure and report squaring.
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Grain markets were lower on Wednesday and again Thursday as the market positions ahead of the October WASDE. However, Cory Bratland with AgMarket.Net says weekly exports may have also added to the negativity.
As lingering drought curbs herd expansion and plant shifts shake up packer leverage, Terrain’s Dave Weaber breaks down why recent import headlines may pack less market punch than expected.
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