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USDA Lowers U.S. Soybean, World Corn Ending Stocks

Published May 10, 2018

In the May USDA World Agriculture Supply and Demand Estimate report, USDA lowered U.S. soybean ending stocks and world corn ending stocks more than expected. U.S. soybean ending stocks are forecast at 530 million bushels, which is at the lower end of trade guesses. World corn ending stocks came in at 195 million tonnes, also at the lower end of trade guesses. The U.S. corn carryout is estimated at 2.2 million bushels, unchanged from April. U.S. wheat ending stocks are up slightly from April at 1.1 million bushels.

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Categorized Under: Top StoriesLatest NewsMarketsCrops
Tagged Under: cornSoybeansUSDAWASDEwheat
Previous ArticleGrains Mixed, Livestock Higher at Close
Next ArticleMore Soybean, Fewer Wheat Stocks in Global Supplies

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