date:Mar 28, 2013
In recent years, the March Grain Stocks report has been particularly interesting as trade has had trouble accounting for the pace of feed use during the December-February period.
On average analysts expect grain stocks as of 1 March to be 5.013 billion bushels. This implies a disappearance of about 3.070 billion bushels for the quarter. Corn export demand during the quarter was likely quite dismal probably around 175 million bushels. Ethanol production also was down signific antly during the qu