Iowa Farm Bureau Federation
10/14/2024 | News release | Distributed by Public on 10/14/2024 09:06
Market Briefs 10 16 2024
Corn supply lowered in October WASDE
USDA says 2024 soybean yields will slip, while corn yields and use increase slightly.
October's World Agricultural Supply and Demand Estimates (WASDE) projected 2024-25 U.S. corn harvest and use will result in smaller supplies, larger exports and reduced ending stocks.
Projected beginning corn stocks for 2024-25, according to the U.S. Department of Agriculture (USDA) report, were 52 million bushels lower based on the USDA's grain stocks report.
Corn production was forecast at 15.2 billion...