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Inside the WASDE Report That Drove Corn Prices Higher

Jul.12 -- Corn futures jumped on Thursday after a U.S. government report showed that domestic and global stockpiles at the end of next season will trail analyst expectations. Global reserves in 2019 will total 151.96 million metric tons, the U.S. Department of Agriculture said in its World Agricultural Supply and Demand Estimates (WASDE) publication. Bloomberg's Alan Bjerga talks with Bloomberg's Alix Steel about the report.