NEWS
Jerry Gulke DTN Columnist
Mon Mar 25, 2013 06:49 AM CDT

On March 28, USDA will release its quarterly Grain Stocks report at 11:00 a.m. CDT. Average trade guesses are from 4.9 billion bushels to 5.1 bb for corn. If so, this would be nearly 930 million bushels less than a year ago and the lowest March 1 stocks level since 1998.

Total usage of corn for the Dec/Feb quarter is expected at 3.0 bb or about half a billion less than a year ago. The biggest unknown is feed and residual usage, which some estimate at 1.400 bb. This number on Thursday will provide first-half disappearance as a benchmark for ...

Quick View
Related News Stories
Growth Energy to Support TPA
DTN Midday Livestock Comments
DTN Closing Grain Comments
Second Shot at Better Corn Prices?
DTN's Quick Takes
DTN Midday Grain Comments
Guest Editorial
DTN Before The Bell Grain Comments
Newsom on the Market
USDA Reports Corn, Milo Sales