U.S. Corn Ending Stocks

Our current year crop stock was unchanged at 1.44 billion bushels.

New crop stocks estimated at 1.36 but this was well above what the trade was expecting and considered lightly negative.

It is projected that this year’s stocks will be in the 1.1-1.2 billon range, if that’s true that will be the lowest going back to the drought years following 2012.