Agriculture ETFs Surge Following a Surprise USDA Report

Agricultural futures and ETFs surged Wednesday, as the CME Group’s farm reacted strongly to this morning’s USDA data dump. U.S. farmers will plant lower corn and soybean acreage than the trade expected, according to the USDA. May corn futures surged 4.64%, to move 25¢ higher to $5.64½, making an...
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