The window in which adverse weather can hurt the developing corn crop is
closing rapidly. We're on tap to raise a huge, record large crop. Look
for a substantial jump in the yield, likely moving well above
trend-line. The grain numbers are changing rapidly with projected ending
stocks for next year expected to swell toward, and eventually above 2.0
billion bushels. World ending stock projections are of a scary
proportion. Lower corn prices can and should be expected into the fall
harvest. Let's plow through some of the numbers.
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