Hit Radio KSKU 95.9 HK FM Mix 96.7 KMPK 98.9 KMCP 100.5 KNZS Rocks 106 Kicks Country KXKUHutch Daily Mac Daily Rice Daily

Higher crop estimates boost corn, soybean ending stocks

The USDA has increased its U.S. corn and soybean ending stocks estimates, while tightening the balance sheet for wheat.

Wheat ending stocks for the current marketing year are now seen at 571 million bushels, 5 million less than in October following an upward revision for food use against a slight cut in seed use. The average farm price for wheat is estimated at $9.20 per bushel, steady on the month and potentially up $1.57 from last marketing year.

Higher crop estimates boost corn, soybean ending stocks

https://www.clearancehutch.com