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USDA
WASDE Lowers Corn/Soy Ending Stocks Again

This month’s 2020/21 U.S. corn outlook is for lower production, reduced corn used for ethanol, smaller feed and residual use and exports, and decreased ending stocks.

FILE PHOTO: Corn is loaded into a truck to be transported for ethanol production in Kelley, Iowa, U.S., January 21, 2020. REUTERS/Shannon Stapleton/File Photo
2020 Crop Below Market Expectations

Final 2020 crop numbers from USDA put the overall corn crop at 14.2 billion bushels and soybeans at 4.14 billion bushels, both below trade expectations.

WASDE Projects Lowest Soy Ending Stocks Since 2014

WASDE report leaves corn unchanged but projects smallest soy stocks since 2013/14.

USDA Lowers Corn, Soybean Production Estimates

Corn Production Down 1 Percent from October Forecast Soybean Production Down 2 Percent Cotton Production Up less than 1 Percent

WASDE Projects Record Corn Exports

WASDE projects record corn exports and a smaller crop.

USDA: Corn, Soybean Production Estimates Down 1% from Sept.

USDA Crop Production Report: corn and soybean production down 1% from last month.

WASDE Shaves 700 Thousand Acres from Soybean Harvest

WASDE reduced harvested acres for soybeans by 700 thousand from last month's estimate.

Old crop corn stocks on hand as of Sept. 1, 2020 totaled 2 billion bushels, down 10% from 2019. Old crop soybeans stored in all positions were down 42% from 2019.
Grain Stocks: Corn Stocks Down 10%, Soybean Stocks Down 42%

Old crop corn stocks on hand as of Sept. 1, 2020 totaled 2 billion bushels, down 10% from 2019. Old crop soybeans stored in all positions were down 42% from 2019.

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