2012-13 Corn Carryover 757 mil. bu.; Soybean Carryover 125 mil. bu.; Wheat Carryover 731 mil. bu.
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For Jerry Gulke, president of the Gulke Group, the action further confirmed the grain futures forged significant lows on June 30.
Corn futures ended 8 to 9 cents higher on Friday on the heels of the sharply higher wheat market and friendly numbers in the July WASDE.
July WASDE report cuts corn supplies more than expected, tightening global stocks and raising stakes for rest of growing season.
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