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Economy News Rural

Bearish USDA reports pull commodity prices lower

01/12/24 2:07 PM By Spencer Chase
KEYWORDS corn cotton Crop Production Department of Agriculture Don Roose rice sorghum soybeans Steve Georgy USDA WASDE World Agriculture Supply and Demand Estimates
The Department of Agriculture’s annual Crop Production report surprised traders with increases to the 2023 corn and soybean yield, pulling prices for both commodities lower in what could be the start of a longer trend.
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Spencer Chase
Managing Editor

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