IARN – As we’ve been reporting on throughout the week, many estimates for the January WASDE said that it would likely be a rather uneventful report. The USDA loves to prove us wrong though, and they did that today by making cuts to both the corn and soybean numbers while leaving the South American crop unchanged. Allendale commodity broker Greg McBride said this news is very bullish for the corn markets.
Read more at Iowa Agribusiness Radio Network.