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USDA cut 200 million off the U.S. corn ending stocks on the December WASDE report released Tuesday, surprising many in the trade, yet the market kinda yawned and moved slowly higher on the session. If we can get corn to the $4.50 level, will that drive some farmer selling? We recap the WASDE, the grain action and the livestock trade action on Tuesday with Jacob Burks from AgMarket.net. Find more online and sign up for their "Farming for Profit, Not Price" conference at https://www.agmarket.net.
By Jesse Allen5
55 ratings
USDA cut 200 million off the U.S. corn ending stocks on the December WASDE report released Tuesday, surprising many in the trade, yet the market kinda yawned and moved slowly higher on the session. If we can get corn to the $4.50 level, will that drive some farmer selling? We recap the WASDE, the grain action and the livestock trade action on Tuesday with Jacob Burks from AgMarket.net. Find more online and sign up for their "Farming for Profit, Not Price" conference at https://www.agmarket.net.

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