🌽Corn
Yield: 181.2
Harvest Area: 88.5
Production: 16,034
Carryout: 1,849
🫘Soybeans
Yield: 53.1
Harvest Area: 85.9
Production: 4,562
Carryout: 315
Corn carryout jumped 282 million bushels to 1,849, taking back most of what the last two reports cut. The yield came up 2.7 bushels to 181.2, production rose 234 million to 16,034, and the September 30 Grain Stocks report added another 173 million to beginning stocks with old crop now at 2,095. USDA raised every use line including exports at 3,300.
The yield ticked up to 53.1 and production reached 4,562 million, but exports rose 10 million to 1,695 and carryout landed at 315, five above September.
|
