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
  • Dealing with Diplodia After the latest spate of wet, cool weather in parts of the Midwest, plant pathologists are urgin...
  • Year-Round Cow Kelly Smith believes fetal programming through good nutrition for dams yields better steers and h...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Cash Will Be King Years of $6-and-up corn couldn't last forever. Some proactive grain farmers are bolstering their ...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • COOL Appeal Likely in 2015 Agriculture Secretary Tom Vilsack said the U.S. might not file an appeal of the country-of-origin...
  • Ask the Taxman by Andy Biebl Readers ask if they can offset futures losses against cattle income, roll hedges forward tax-free...
  • Ranch Hands Two families take different approaches to building income from trail rides, roundups and real-lif...
  • Ask the Vet Why isn't my flea and tick control for dogs working?
Related News Stories
USDA Weekly Crop Progress
USDA Weekly Crop Progress
USDA Report Flash
USDA Weekly Crop Progress
USDA Report Flash
USDA Weekly Crop Progress
USDA Reports Preview
USDA Weekly Crop Progress
USDA Reports Preview
USDA Weekly Crop Progress