Production Estimates From Analysts -- Higher or Lower?
Nov 06, 2013
A mixed trade was the result Wednesday with traders and producers beginning to position themselves for Friday's USDA/WASDE reports. Average of the analysts' polled by Reuters shows an anticipated increase in production for both corn and soybeans. These revisions higher should outweigh any demand-side revisions that could be made to export sales and ethanol use. Tomorrow the USDA releases its weekly export sales report. Tune into the full report.
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