Evaluating Corn and Soybean Consumption Projections
date:Feb 13, 2013
ol production will increase enough to at least reach the USDA projection of corn use.

Feed and residual use of corn during the current marketing year is projected at 4.45 billion bushels, unchanged from the January projection and only about 100 million less than used last year. Due to the early harvest of the 2012 crop, use was likely understated for the final quarter of the 2011-12 marketing year and overstated for the first quarter of the 2012-13 marketing year.

The USDAs estimate of 1 Marc
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