Can The Sell-Off "Corntinue"!

Can the sell-off "corntinue"! The USDA gave Corn bears a nice gift going into the weekend, with a much larger than expected estimate for this season's US Corn crop. The government estimate, released on Friday, called for a US Corn crop of 10.976 billion bushels. This was over 200 million bushels higher than the average analyst's estimate, and the third largest US crop ever. The average yield also increased to 152.2 bushels an acre, 3 bushels better that last month's figures. The USDA credited the increase production estimates to better than expected crop conditions in Illinois, Indiana, and Ohio, which offset lackluster production, due to dry weather west of the Mississippi River. Read More....