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May 10 WASDE Could Cause Grain Market Concerns

2013-05-14 21:38:00| Corn & Soybean Digest

The USDA Crop Production and World Agricultural Supply and Demand Estimates (WADSE) Reports released on May 10 were regarded as bearish for the corn market and neutral to bearish for the soybean market in the coming months. Corn stocks are expected to more than double by the end of the next crop marketing year, while the ending stocks for soybeans are expected show more moderate increases for the 2013-2014 marketing year, which runs from Sept. 1, 2013 to Aug. 31, 2014. Focus on Ag read more

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