USDA Reports Summary

USDA Cuts World Corn Ending Stocks

USDA released its latest Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports Tuesday. (Logo courtesy of USDA)
USDA lowered global corn ending stocks by 4.4 million metric tons to 185.28 mmt, well below the range of pre-report estimates. USDA also pegged domestic ending stocks at the low end of pre-report estimates at 1.78 billion bushels.

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