Quarterly grain stocks mostly above a year ago

The USDA says grain stocks on December 1st were mostly larger than the year before. Corn stocks came out at 13.282 billion bushels, rising 10% on the year, partially due to record 2025 production, canceling out the stronger implied first quarter usage. Soybeans were reported at 3.29 billion bushels, up 6%, with first quarter usage […]

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