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Demand for Wheat Upbeat Amid Drought Hit Yields
Government crop reports show total wheat at 496,982,000 bushels with a slight rise from September but well below 1924-32 averages. Corn output estimated at 4,416,772,000 bushels, oats similar to September estimates, and hay production up while forage feeds remain tight. Drought across the West persists with acute winter feed shortages. Potato crop revised up to about 362,000,000 bushels near average.
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Corp Reporting Board
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