NEWS
USDA Reports Flash
Katie Micik DTN Markets Editor
Mon Aug 12, 2013 11:00 AM CDT

WASHINGTON (DTN) -- USDA pegged new-crop corn ending stocks at 1.837 billion bushels on slightly lower production and yield estimates. The stocks-to-use ratio came in at 14.5%. USDA lowered the national average yield to 154.4 bpa.

For soybeans, USDA lowered production to 3.255 billion bushels, which dropped the stocks-to-use ratio to 6.9% from last month's estimate of 9%. Acreage changed by less than 1% after USDA resurveyed farmers in 14 states.

For DTN's exclusive audio comments, visit: http://listen.aghost.net/…

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

Crop Production report link: http://www.nass.usda.gov/…

CORN

USDA lowered corn production to 13.76 billion ...

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