USDA Reports Summary

USDA Lowers Corn, Soybean Stocks

USDA released its June Acreage and quarterly Grain Stocks reports Tuesday. (Logo courtesy of USDA)
USDA released its June Acreage and quarterly Grain Stocks reports Tuesday. (Logo courtesy of USDA)
USDA pegged corn acreage at 88.9 million acreage and soybean acreage at 85.14 ma. Corn and soybean stocks as of June 1 came in near pre-report estimates at 4.45 billion bushels and 625 mb, respectively.

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