The USDA says corn and soybean stocks on December 1st, 2017 were larger than on December 1st, 2016. That follows record soybean production last year, along with a big corn crop, and slower than anticipated demand from some sectors, including the export market.
Corn came out at 12.516 billion bushels, up 1% on the year, with on farm stocks 2% higher at 7.739 billion and off farm supplies just a little big larger at 4.777 billion.
Continue reading Quarterly soybean stocks up 9%, corn 1% higher at Brownfield Ag News.
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