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Expectations for Eastern Corn Belt production to boost supplies

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A commodity broker says better-than-expected yields in the Eastern Corn Belt will likely show up in Friday’s USDA report.

Mark Talaski is with Advance Trading Inc.

“My suspicion is we’re going to find out that the stocks are heavily weighted Illinois and East because of the better crop,” he says.   “We’ve had pretty strong demand out West for corn and soybeans and the corn crop is definitely in the central to eastern half of the Corn Belt.

Expectations for Eastern Corn Belt production to boost supplies