NEWS
USDA Reports Summary
Katie Micik DTN Markets Editor
Fri Jul 11, 2014 11:00 AM CDT

WASHINGTON (DTN) -- USDA estimated 2014-15 soybean ending stocks at 415 million bushels and corn ending stocks at 1.801 billion bushels in its World Agricultural Supply and Demand Estimates report released on Friday. Both estimates are within the range of pre-report expectations.

Corn production estimates dropped 75 million bushels from USDA's June estimate to 13.860 bb to reflect lower harvested acreage. The national average yield was left unchanged at 165.3 bushels per acre.

USDA boosted soybean production to 3.8 billion, up 165 mb from June, due to increased harvest area indicated by the Acreage report. The national average yield stayed ...

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