Corn numbers shock the markets

Corn numbers shock the markets

Heading into last week’s U.S. Department of Agriculture (USDA) crop reports, there was more fear of the planting numbers than the stock numbers. At the same time, there seemed to be more attention on soybeans than the other crops because of the broader background issues that include the Chinese negotiations.

But it was the corn numbers that were the surprise. And the surprises were tied to both the plantings and...

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