Comments on March 10 USDA report and Profitability Update

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Corn U.S. feed grain ending stocks for 2014/15 are projected lower with reductions for corn and barley. Corn use in ethanol production is projected 50 million bushels lower based on the new Grain Crushings and Co-Products Production report recently released by the National Agricultural Statistics Service (NASS). Reported corn use for ethanol for October through January implies a higher conversion rate than previously assumed. Continue reading comments on the march 10th USDA reports and an Profitability Update at Monthly Crop Outlook.