Foreign Corn Deficit – 11/11/2020

Published by David Tedrow on

USDA expects the foreign corn deficit to widen this season as growth in disappearance outpaces production. Foreign consumers  will likely fill needs with US corn as foreign stocks have tightened and  are no longer an alternative to buying US corn.

Categories: Grains

0 Comments

Leave a Reply

Avatar placeholder

Your email address will not be published. Required fields are marked *

Related Posts

Grains

US wheat production set for drop in 2025

Based on the USDA’ recent March Planting Intention survey US wheat production will likely decline this season unless growing conditions prove exceptionally favorable. We project 2025 production at 1.87 billion bushels, a 5% decline from Read more…

Grains

US Corn Planted area to Expand

The March 2025 Planting Intention Survey found farmers planning to plant 95.3 million acres to corn this season, a 5% increase from a year ago. In the last 50+ years the June corn acreage estimate Read more…

Grains

March 1 US Corn Stocks Down Modestly

March 1 US stocks are estimated at 8.04 billion bushels, down 4% from a year ago. Most of quarterly usage is known from weekly or monthly data. But the March inventory  provides an estimate of Read more…