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Traders remain focused on USDA's supply and demand updates next Tuesday, Jan. 12th. Here are some of the key points we'll be following:
  • Will USDA lower its estimates for U.S., Argentine and Brazilian corn production?
    • The size of these expected cuts will set the tone for trading into the establishment of crop insurance prices in February.
  • What will feed demand tell us?
  • Will there be clarity in corn for ethanol use data?
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