USDA Report Summary

USDA Ups Corn Ending Stocks by 25 MB

USDA released its latest Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports Wednesday. (Logo courtesy of USDA)
USDA released its latest Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports Wednesday. (Logo courtesy of USDA)
USDA bumped up its forecast for corn use for ethanol production by 25 million bushels while cutting exports by 50 mb, resulting in a 25 mb increase to 2015-16 ending stocks. Wheat and soybean ending stocks were unchanged.

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