The US Department of Agriculture (USDA) notes corn stocks are up 10% from March 2016, while soybean stocks have jumped 13% in the same period. Wheat is also in with a shout in terms of higher supplies - all wheat stocks have increased by 21% since this...
The US is expected to see a drop in production for the current corn crop, but it remains the largest ever at 15,057m bushels, says the US Department of Agriculture.
US corn and soybean crops have seen hikes in both overall amounts and yield per acre, while the export market remains down, say officials with the US Department of Agriculture (USDA).