USDA Corn Supply-Demand Outlook - April 2018
U.S. Corn Supply and Use ================================================================================ 2015/16 2016/17 Est. 2017/18 Proj. 2017/18 Proj. Item Mar Apr ================================================================================ Million Acres CORN Area Planted 88.0 94.0 90.2 90.2 Area Harvested 80.8 86.7 82.7 82.7 Bushels Yield per Harvested Acre 168.4 174.6 176.6 176.6 Million Bushels Beginning Stocks 1731 1737 2293 2293 Production 13602 15148 14604 14604 Imports 68 57 50 50 Supply, Total 15401 16942 16947 16947 Feed and Residual 5114 5472 5550 5500 Food,Seed& Industrial 2/ 6648 6883 7045 7040 Ethanol & by-products 3/ 5224 5432 5575 5575 Domestic, Total 11763 12356 12595 12540 Exports 1901 2293 2225 2225 Use, Total 13664 14649 14820 14765 Ending Stocks 1737 2293 2127 2182 Avg.FarmPrice ($/bu) 4/ 3.61 3.36 3.15-3.55 3.20-3.50 ================================================================================Only active subscribers can read all of this article.
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