USDA throws corn market a bone
date:Jan 13, 2014
e NYMEX crude oil is $0.62 per barrel higher, the dollar is lower and the Dow Jones Industrials are 36 points lower.

In its report, the government pegged the U.S. 2013 corn production at 13.925 billion bushels, compared to the average trade estimate of 14.053 billion and the USDA's December forecast of 13.989 billion bushels.

The USDA marked the U.S. 2013 corn yield average at 158.8 bushels per acre, compared to the average trade estimate of 161.10 bushels per acre and the USDA's December esti
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