Market Overview

USDA Supply and Demand Report Estimate; Corn

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The USDA World Agricultural Supply and Demand Estimates Report (WASDE) is scheduled for release at 12:00 p.m. ET. The street estimates for U.S. corn ending stocks are near 2.333 billion bushels versus 2.355 billion bushels last month. Global ending corn stocks are estimated to be near 220.5 million tonnes versus 221 million tonnes a month ago.

March Corn is trading at 369 1/4 down 1 1/2 cents/bushel.

May Corn is trading at 377, down 1 1/2 cents/bushel.

Posted-In: USDA Corn Crop ReportFutures Commodities Markets

 

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