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Corn, soy exports heading in opposite direction

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A market analyst suggests U.S. corn and soybean exports are heading in opposite directions.

Jeff Peterson with Heartland Farm Partners says corn projections look pretty good with export sales about 30 percent higher compared to a year ago.

“I’m talking crop year-to-date, starting on September 1st. And USDA has us coming out of the January WASDE report at about 26.4 percent higher (and) export inspections were north of 25 percent higher.”

And he tells Brownfield if there are production problems later this year in South America, U.S.

Corn, soy exports heading in opposite direction