Further supporting values and contributing to the lower carryover forecasts, the USDA revised its 2024 corn production estimate to 14,867 million bus, down 1.8% from 15,143 million bus in December.
Between the cold, the wind, and the snow, many people are feeling annoyed with the winter weather. However, for farmers, the amount of snow we receive in winter can dictate how crops grow.
Despite the production cuts, USDA since August has increased total 2024-25 U.S. corn use by 1%. That is the only instance in more than two decades where use estimates rose in that period despite a mat ...