Items Tagged with 'quarterly grain stocks'

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.

Corn futures fell sharply after USDA projected that farmers would plant more corn acres this year, and the department reported that there is more grain in storage than analysts expected. USDA’s Prospective Plantings report projected soybean acres to be lower than last year.