The big news this week was the latest USDA WASDE report – a report that changed little or nothing from the November report, at least as far as US supply and demand. Even for world numbers there were no real surprises – Australia wheat is forecasted higher as is Brazil corn – most numbers were u changed. The next USDA WASDE report will be out on January 12, 2017 and it is expected that this report will more exciting.

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