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Shining Light on Farm & Food Policy for 20 Years.
Friday, November 22, 2024
Grain markets are rallying after USDA officials estimate 92 million acres of corn are planted for 2020, which is sharply lower than the department’s 97-million-acre prediction in March.
The Department of Agriculture slightly raised 2020/21 beginning and ending corn stocks in the World Agricultural Supply and Demand Estimates (WASDE) report released Thursday, but traders showed little reaction.