Grains

The corm market has been balanced between reduced supplies and weak export demand. The USDA estimates the U.S. corn carryout this fall at 1.9 billion bushels which is down from a year ago but not tight by historical standards. Foreign corn buyers have chosen to reduce burdensome stocks this season Read more…

U.S. Corn export sales have been very slow to date. Overseas consumers are electing to use existing corn stocks instead of importing U.S. corn.