date:Mar 13, 2013
are no on-going measures of feed use of corn. Consumption in this category is calculated as a residual, starting with total use during the quarter as implied by quarter-ending stocks, and then subtracting estimated use in the other two categories.
As a result, there is considerable variation in quarterly estimates of feed and residual use of corn over time. On an annual basis, the USDA suggests that there is a positive correlation between crop size and residual consumption of corn which furthe