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USDA January Report Surprises

The USDA'S first production report of the year had a few surprises for the market. While soybeans numbers were pretty close to expectations.. there were surpise in the wheat...corn and even dairy numbers
Rarely is it the case that the USDA production report coincides with the numbers the private sector is expecting....and that was the case with the release of the January USDA
production report. The numbers were pretty much in line with private forecasters when it came to the soybean crop.... but there were plenty of surprises when looking at wheat and corn numbers.
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