NEWS
USDA Reports Flash
Katie Micik DTN Markets Editor
Wed Apr 10, 2013 11:00 AM CDT

WASHINGTON (DTN) -- USDA pegged U.S. corn ending stocks at 757 million bushels, a 125 mb increase from its March World Agricultural Supply and Demand Estimates.

USDA left U.S. soybean ending stocks unchanged from March at 125 mb.

World Agricultural Supply and Demand Estimates (WASDE) link: http://www.usda.gov/…

Crop Production report link: http://usda.mannlib.cornell.edu/…

CORN

USDA made many tweaks to the corn balance sheet. The largest change was a 150 mb decrease in feed and residual use. It also cut 25 mb from exports. However, USDA boosted ethanol usage and the food, seed and industrial category by 50 mb each.

The result ...

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