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USDA Tweaks Crop Estimates, Market Reacts

USDA tweaked crop estimates every which way Monday ahead of the all-important Aug. 12 crop production report. The commodity market reacted with double-digit gains at the Chicago Board of Trade. AgriVisor’s Karl Setzer speaking after Monday’s close.

 

 

The Aug. 12 USDA report provides the first survey-based estimates of the season for corn and soybeans.

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