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WC MN | Arlan Suderman on with Flory yesterday. His projection is 2.7 billon bushels. The USDA has an increase of 750 MB for demand in the upcoming year. he does not see where that is going to come from and it is hard to disagree with him at this point. That would equate to futures below $4. Hard to say how long that would last. Soybean projection was not nearly as bleak as far as carryout. | |
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