USDA’s National Ag Statistics Service says corn stocks in all positions as of March 1 totaled 7.85 billion bushels. That’s two percent more than one year ago and in line with trade expectations. U.S. soybean stocks are 1.93 billion bushels, 24 percent more than last year and above trade estimates. All wheat stocks are estimated at 1.02 billion bushels, down 22 percent from one year ago. Read the quarterly stocks report.
