date:May 13, 2013
In the first forecast for the 2013-14 marketing year, US corn carryover on Sept. 1, 2014, was projected at 2,004 million bushels, up 1,245 million bushels, or 164 percent, from an upwardly revised 759 million bushels in 2013. The corn carryover was above the trade average that was near 1,973 million bushels, the US Department of Agriculture said in its May 10 World Agricultural Supply and Demand Estimates.
The USDA projected 2013 US corn production at a record high 14,140 million bushels, up 31