Tuesday’s USDA Report

#1: Will the USDA increase the projected corn ending stocks to over the 2-billion-bushel benchmark? That is likely to be short-term bearish for corn futures.
#2: Will the forecasts stick for 10 to 20 inches of snow in southern Minnesota and northern Iowa on Wednesday night and into the afternoon on Thursday? If this is still in the noon weather model updates, then that will be bullish for corn futures by late this week.

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