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Source: FARM PROGRESS, 8/8/16
Corn’s condition rating dropped 2 points in the latest week to 74% good to excellent due to downgrades in Indiana, Michigan, Nebraska, South Dakota and Missouri, while soybeans were unchanged at 72%, USDA said on Monday. Based on the drop in corn’s condition ratings, Farm Futures lowered its calculated corn yield to 173.4 bpa from last week’s 175.8. For more of this story, click here.
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