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Nick Paumen at CHS Hedging said, “The average trade estimates for US corn yield is expected to come in at 178.1 bu/ac, down 2.6 from last from, with new crop corn carryout down 142 million bushels 1o 1.511 billion bushels. For soybeans, the yield is expected to come in at 52.4 bu/ac, down .3 from last month, and carryout is expected to drop 29 million bushels to 291 million bushels.”
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