USDA made minor changes in the Quarterly Grain Stocks Report. U.S. corn stockpiles as of December 1 are estimated at 11.6 billion bushels, up from 11.3 billion one year ago. Soybean stocks are at 3.15 billion bushels, up from 2.95 billion bushels one year ago. Wheat stocks of 1.4 billion bushels are down from 1.7 billion bushels last year.
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.