National Ag News
Highlights from USDA’s November supply and demand report
Nov 9, 2017, 16:51 PM
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System
The USDA raised its domestic ending stocks guess for corn and reduced the number for soybeans, largely because of production expectations, while U.S. wheat ending stocks were down slightly from October on better export demand.
2017/18 U.S. wheat ending stocks are now seen at 935 million bushels, compared to 960 million in October and 1.181 billion for 2016/17. The USDA raised the export outlook 25 million bushels, the sole adjustment to the balance sheet.
Continue reading Highlights from USDA’s November supply and demand report at Brownfield Ag News.
