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USDA’s monthly corn production forecasts drive futures prices closer to final cash price at harvest, analysis shows

by Carlos Arnade, Linwood Hoffman and Anne Effland
12/29/2021

Commodity Outlook
Corn and Other Feed Grains
Risk Management

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Graphic showing the relationship established from 1999 to 2017 between World Agricultural Supply and Demand Estimates for production and corn futures prices.

USDA’s monthly corn production forecasts drive futures prices closer to final cash price at harvest, analysis shows

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Analysis