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“USDA stated on the Quarterly Grain Stocks report that U.S. corn supplies as of Sept. 1 totaled 1.760 bln bushels which was 84 million bushels below pre-report expectations,” Total Farm Marketing by Stewart-Peterson said. “The corn stockpile saw very good Q4 disappearance, and a small reduction (1.08 mb) off last year’s production to reach the total.”