Tag: supply and demand

U.S. Ending Stocks Estimates Bearish for Corn, Soybeans and Wheat in Latest WASDE

USDA on Wednesday, July 12, lowered the corn yield estimate to 177.5 bushels per acre (bpa) after bumping up its acreage estimate, but the July World Agricultural Supply and Demand Estimates (WASDE) still forecasts a record corn crop at 15.32 billion bushels (bb). USDA lowered the soybean ending stocks forecast for the new-crop (2023-24) season …

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