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Newsom on the Market
Darin Newsom DTN Senior Analyst
Tue Feb 11, 2014 07:31 AM CST

USDA's February reports are now out of the way and even more attention will focus on the March 31 Prospective Plantings and Quarterly Stocks reports. February's numbers, along with those released in early March (March 10), definitely suffer from "Middle Child Syndrome," caught between the hubbub of the January reports and those at the end of March. However, while February's reports were soon forgotten, there were a few interesting nuggets of data worthy of discussion.

Let's start with corn. Pre-report estimates had domestic ending stocks being trimmed 25 million bushels. However, USDA saw more demand than analysts, cutting 150 mb ...

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