PRO FARMER
USDA sees U.S. wheat production at 1.543 billion bushels; world corn ending stocks estimate rises
A sharp cut to the wheat crop stole the show, but don’t miss these important details.
USDA pegged the winter wheat crop at 1.047 billion bu., with new-crop ending stocks at 762 million bu. New-crop soybean and cotton ending stocks were also well below pre-report expectations at 310 million bu. and 3.90 million bales, respectively