USDA WASDE shows corn end stocks at 1.849bn bushels, above forecast; corn futures tumble as much as 4.8%

The USDA's WASDE report showed corn end stocks of 1,849 million bushels, above the 1,695.34M forecast and up from 1,567M previously, as the USDA lifted its US corn yield and supply outlook when most analysts expected a cut. Corn futures tumbled as much as 4.8%.

Detected & updated continuously · Source: Nebula