The supply and demand table for U.S. corn, part of the “Grains and Oilseeds Outlook,” shows the U.S. Department of Agriculture projecting an increase in ending stocks and reduced prices. Supply has increased 8 percent on an increase in harvested acres and average yield. Total use has increased 4 percent with ethanol unchanged but feed and exports more.
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J. Mark Welch is a professor and grain-marketing economist with the Texas A&M University AgriLife-Extension Service. Visit agrilifeextension.tamu.edu for more information.





