date:Feb 11, 2014
. corn carryover on Sept. 1, 2014, was projected at 1,481 million bus, down 150 million bus, or 9%, from the January forecast but up 660 million bus, or 80%, from 821 million bus in 2013.
Global trade data and strong export sales support this months outlook for increased world corn imports, the U.S.D.A. said. Reduced foreign export prospects also lower competition for U. S. corn in the world market. U.S. corn ending stocks are projected 150 million bus lower with the export increase.
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