date:Oct 12, 2018
to 1.932 bb on Thursday. The extra bushels come from the September 28 Grain Stocks report, which showed corn with an extra 138 mb beyond what was expected. The added supplies will increase corns ending stocks for both 2017-18 and 2018-19.
Evidently, analysts are not expecting an increase in USDAs estimate of corn exports. If you havent heard lately, U.S. corn shipments are off to a strong start, up 50% in the first month of 2018-19 from a year ago. The 1% reduction in corn exports that USDA est