Wheat Export Sales / Fiscal Cliff Both Grain Market Movers
Dec 28, 2012
We had a lot of fundamental news to talk about today, with both the EIA ethanol and export sales report being released today. Wheat export sales crushed market expectations giving wheat a break from recent selling pressure. Ethanol production moved up by 12,000 BPD for the week, but our models are still projecting 100 million bushels less corn going to ethanol than what the USDA is currently projecting. On today's show Brock and Logan discuss these issues and the looming fiscal cliff.
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