Understanding the Surprise in Corn Stocks Estimate

US - The corn market was surprised by the USDA’s final 2011 corn production estimate and the estimate of 1 December 2011 corn stocks. The March 2012 futures price declined by $0.52 per bushel in the two sessions following the release of the reports, writes Darrel Good.
calendar icon 18 January 2012
clock icon 2 minute read
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