date:Oct 12, 2012
eason.
Also in its monthly World Agricultural Supply and Demand Estimates (WASDE) report on Thursday, USDA lowered corn ending stocks by 114 million bushels, settling at 619 million bushels. That's based on a projected national average corn yield of 122 bushels/acre, down only slightly from last month's guess.
Lower yields in Illinois are only partly offset by increases for Minnesota and North Dakota, according to Thursday's WASDE report.
Grain prices responded to Thursday's data by shooting