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Post Planting Prospects Report

USDA report came in supportive overall with no bearish surprises. Corn acres higher than expected, beans mixed, wheat quiet, markets stabilize and look toward seasonal spring rally.

Corn:
Supportive stocks with stronger feed usage, coming in 80 million bushels below expectations. Acreage at 94.31 million exceeded estimates, reinforcing a constructive outlook into spring rally season.

Soybeans:
Stocks slightly above expectations, but acreage came in lower than guesses. Continued export strength and competition for acres keeps bullish u…

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