USDA Projects Tighter US Corn Inventories as Exports Rise
The U.S. Department of Agriculture on Thursday cut its forecast for how much corn will be left in storage bins before this year's harvest as it raised its estimate for exports.
U.S. exports have been strong this year because prices were competitive on the world market. Corn futures this week fell to a 2025 low as weather looks favorable for the recently planted U.S. crop, fueling expectations for a large harvest.
Futures prices were nearly unchanged at the Chicago Board of Trade after the USDA issued supply and
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