National Ag News

U.S. corn, soybean, and wheat stocks on September 1st were large, but not as large as many analysts were expecting, all coming in below average pre-report estimates. High levels of domestic corn and soybean production and increased export competition largely canceled out solid domestic demand. Unless there’s a revision in October’s supply and demand report, these are the 2016/17 marketing year ending stocks totals for corn and soybeans.

The USDA says corn stocks were up 32% on the year at 2.295 billion bushels, with a lower than a year ago rated of implied disappearance, which would be the biggest ending stocks total in nearly 30 marketing years.

Continue reading Quarterly corn, soybean stocks up on year at Brownfield Ag News.