Comstock Investments market analyst Joe Camp says traders are expecting larger numbers in Tuesday’s USDA supply/demand report. “We’ve known for awhile the Eastern Corn Belt crops have great potential. Illinois has a statewide yield estimate of 214 bushels per acre for corn (and) that’s a record for corn for that state.” Camp says traders are taking direction from the outside markets. “That’s exerting some pressure on the grain markets.”
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