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Wednesday, January 14, 2015

USDA ‘Data Day’ pushes corn, pulls wheat and soybeans

By Angus Brown  |  Source: USDA

The USDA released its monthly World Agricultural Supply and Demand Estimates (WASDE) on Monday, along with the quarterly grain stocks report and US winter wheat seedings report. While the WASDE was relatively benign, and winter wheat seedings bullish, it was the stocks report that ruled the day, seeing wheat and soybeans ease and corn marginally higher.

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