Volatility in corn stocks estimate

Volatility in corn stocks estimate

The USDA’s March 1 corn stocks came in higher than expected again this year, nearly 300 million bushels larger than the trade expected. 

Trade expectations for USDA’s March 1 stocks the past few years have had a tendency to underestimate the March 1 inventory. That says the trade struggles to forecast what the stocks might be, or that producers have ...

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