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Source: FARM FUTURES, 4/11/17
USDA on Tuesday left ending stocks for corn unchanged as it increased demand by ethanol, but reduced it by livestock feeders. Soybean ending stocks were raised by 10 million bushels to 445 million due to a reduction in "residual disappearance." Exports and the crush numbers were left unchanged. The 445 million was a little higher than what Farm Futures expected, but was close to trade averages in wire service surveys. For more of this story, click here.
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