As of this week, export inspections for corn are short of the seasonal pace by 148 million bushels. Soybeans are ahead of the seasonal pace by 21 million bushels. Soybeans flipped this week from being short of the pace to exceeding the pace. The trend for both corn and soybeans is moving in the right direction, but can it continue? The South American crop is on the verge of being harvested and available to the world for export.
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