“Prices ranged from $.04-$.09 higher closing near session highs led by old crop futures. July-25 stretched out to 6-week high, taking out both its 50-day MA and high from March. New crop Dec-25 held in check with U.S. farmers expected to plant nearly 5 mil. more acres than YA. I look for old crop to continue to outperform new crop. The USDA cut ending stocks 75 mil. bu. 1.465 bil. 45 mil. below the average trade guess. Feed usage was lowered 25 mil. exports raised 100 mil. to 2.550 bil. The average farm price was left unchanged at $4.35 bu.,” wrote Mark Soderberg with ADM Investor Services.