AG POLICY NEWS
USDA Reports Flash
Katie Micik DTN Markets Editor
Wed Jun 11, 2014 11:04 AM CDT

WASHINGTON (DTN) -- USDA made the most adjustments to the domestic wheat supply and demand table, leaving corn's table unchanged while making a 5 mb adjustment in old-crop soybean crush.

USDA's World Agricultural Outlook Board left its production, acreage and yield estimates for 2014-15 unchanged for both corn and soybeans. All wheat production declined 21 mb from May's estimate to 1.942 billion bushels.

All estimates in the June WASDE fell within the range of pre-report expectations.

CORN

USDA left corn ending stocks unchanged from last month for the 2013-14 crop and the 2014-15 crop, at 1.146 bb and 1.726 bb ...

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