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“The market continues to digest the data from yesterday’s January WASDE report,” Total Farm Marketing said. “USDA raised the corn yield by 0.5 bushels per acre to 186.5 bu./acre and increased harvested acreage by 1.3 mln acres, pushing projected U.S. corn production above 17 bln bushels. The yield increase came as a surprise, as the market had been positioned for a reduction rather than an upward revision.”





