NEWS
USDA Reports Summary
Katie Micik DTN Markets Editor
Thu Jul 11, 2013 11:00 AM CDT

WASHINGTON (DTN) -- USDA increased 2013-14 corn domestic ending stocks by 10 million bushels in July's supply and demand report. It also increased soybean stocks by 30 mb.

USDA trimmed corn production for 2013-14 by 55 mb, citing reduced harvested acreage. USDA's yield forecast was unchanged at 156.5 bushels per acre.

The largest changes of the report came in the domestic and global wheat numbers. USDA pegged 2013-14 domestic wheat ending stocks at 576 mb, 83 mb lower than its June estimate of 659 mb. The change lowered the stocks-to-use ratio from 28.7% to 24.1%.

Globally, USDA cut wheat ending ...

Quick View
  • Dodge Down Corn Conditions have been right for stalk rot and ear molds in corn in many parts of the Midwest this ...
  • Cows That Last If you've priced replacement heifers lately, or even just added up all the costs of raising your ...
  • Chrysler: What's New for 2015 Here's something you don't want to do at a media event for seasoned automotive journalists from a...
  • Farm Investors Welcome Why own farms when you can own shares in a farmland pool? The advent of agriculture's first real ...
  • Rents Resist Price Relief Growers in bellwether corn states expect to make money on bushels -- not price -- in 2014, farm m...
  • GE Critics Range as Skeptics An ad-hoc committee of 18 scientists is tasked by the National Research Council with examining th...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl helps readers wrestle with reality of health insurance costs, congressional inacti...
  • Ag Innovation Showcase At the sixth annual Ag Innovation Showcase in St. Louis this week, start-ups in search of investo...
  • Ask the Vet At what age should a cow be culled?
Related News Stories
USDA Weekly Crop Progress
USDA Reports Preview
USDA Weekly Crop Progress
USDA Updates Corn Yield Estimates
USDA Report Flash
USDA Weekly Crop Progress
USDA Weekly Crop Progress
USDA Overhauls Poultry Inspections
USDA Weekly Crop Progress
Wheat, Bean Numbers Bullish