Corn stocks smaller than expected

by Jay Sjerven
Share This:

WASHINGTON – The US Department of Agriculture on Sept. 28 estimated Sept. 1 old crop corn stocks at 988 million bushels, down 12 percent from 2011. Pre-report trade estimates averaged 1,126 million bushels.

The USDA estimated the June-August corn disappearance at 2.16 billion bushels compared with 2.54 billion bushels during the same span in 2011.

Sept. 1 old crop soybean stocks were estimated at 169 million bushels, down 21 percent from a year ago. The average trade estimate was 132 million bushels. Indicated soybean disappearance in June-August 2012 was 498 million bushels, up 23 percent from the same period a year earlier.

Add a Comment
We welcome your thoughtful comments. Please comply with our Community rules.








The views expressed in the comments section of Meat and Poultry News do not reflect those of Meat and Poultry News or its parent company, Sosland Publishing Co., Kansas City, Mo. Concern regarding a specific comment may be registered with the Editor by clicking the Report Abuse link.