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Shining Light on Farm & Food Policy for 20 Years.
Saturday, November 09, 2024
USDA increased its forecast for global wheat stocks despite the war in Ukraine but also cautioned that the Russian invasion had “significantly increased the uncertainty” of agricultural supplies and demand around the world.
Corn and soybean stocks are lower than this time last year and commodity brokers say that is due to feed use increases, according to the Quarterly Grain Stocks report released Wednesday.