Corn dumping hours are Monday - Friday, 7:00 AM - 4:30 PM. WE WILL BE CLOSING AT NOON TODAY 1/17/2020 BE SAFE THIS WEEKEND
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NASS announced after the January USDA report that it will resurvey farmers in five northern states that still have significant percentages of unharvested crops. The phase-one- trade agreement between the U.S. and China will likey be signed on January 15th. USDA now says the 2019 corn harvest had a total production of 13.692 billion bushels, with average yields of 168.0 bushels per acre across 81.5 million acres. That was a bit higher than trade estimates of 13.513 billion bushels, based on average yields of 166.2 bushels per acre across 81.350 million harvested acres. USDA’s prior tally was for 13.661 billion bushels, based on yields of 167.0 billion bushels across 81.815 million acres.
Corn ending stock estimates were for 1.892 billion bushels, which was moderately higher than trade estimates of 1.757 billion bushels but just below the agency’s December projection of 1.910 billion bushels. World ending stocks were for 297.81 million metric tons.
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