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The U.S. Department of Agriculture stunned grain markets by reporting a record-high corn production of just over 17 billion bushels, driven by unexpectedly strong yield and harvested acreage figures.
Wheat continues to see relative strength and lead to the upside.
Major U.S. government shutdown averted
Areas receiving the highest snowfall totals saw modest drought reduction
Monte Shaw with the Iowa Renewable Fuels Association says the president’s direction to Congress could be the game changer to pass E15 legislation after a decade-long fight.
Wheat pressed to fresh highs overnight and continues to lead strength while corn and soybeans traded within Wednesday’s range.
Trump tells Iran to make a nuclear deal, or else...