Cash Strategist 3/15/2023
Author
Published
3/14/2023
Changes to domestic balance sheets were greater than expected in the USDA's March supply and demand report. Corn ending stocks increased 75 million bushels (mbu) to total 1.342 billion bushels (bbu), which was on the high end of trade guesses. This increase was the result of lower export expectations. This is also very close to the ending stocks the U.S. had at the end of the 2021/22 marketing year. The ...
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