date:Apr 15, 2013
us forecast of 824 million bushels on hand at the end of the marketing year.
The US government also projected slightly less export demand and domestic use for U.S. corn than in its March report.
On world corn carryover, USDA forecast ending stocks at 125.3 million metric tons at the end of the 2012-13 marketing year. That compares with a pre-report
analysts' consensus of 120.2 million tons and the March USDA report estimating 117.48 million tons. The larger world carryover figure was a main be