USDA sees small increase in ending
Despite a 40 million bushel increase to expected ending U.S. corn stocks for the 2022-2023 growing season, U.S. season-average corn prices were unchanged at $6.75 per bushel in the June 10 World Agricultural Supply and Demand Estimates (WASDE) from the U.S. Department of Agriculture (USDA).
Projected U.S. corn exports for the current year are lowered 50 million bushels, based on reported U.S. Census Bureau shipments through the month of April and export inspection data for May.
Soybean stocks for 2022-23 were ...
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