NEWS
Jerry Gulke DTN Columnist
Mon Nov 17, 2014 07:16 AM CST

Readers of this column for the past six months should not have been surprised that USDA did not increase corn yields, production or ending stocks last Monday. The reaction of the media was one of surprise, creating a reversal in thinking by some.

There isn't necessarily a switch from doom and gloom to bullishness, but the shorts in the market had to scramble to figure out a graceful way to change course. Odds are there will still be some who will state USDA is unrealistic in its analysis. One respected firm still has corn ending stocks reaching 330 million bushels ...

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