July 10, 2015 – USDA World Supply and Demand Estimates

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Corn Projected 2015/16 U.S. feed grain supplies are lowered this month with reductions in corn beginning stocks and production. Corn beginning stocks for 2015/16 are down 97 million bushels as increases in 2014/15 feed and residual use, use in ethanol production, and exports more than offset a small increase in imports. Corn production for 2015/16 is projected down 100 million bushels reflecting the lower planted and harvested areas from the June 30 Acreage. Continue reading at Comments on the July 10, 2015 WASDE  report.