Tidbits, Q&A: Corn Carryover, Commodity Assistance Program, FOB 3/31/25
- Wright Team
- Mar 31
- 5 min read
Highlights
At 11 AM Central Time today, the USDA will release its Quarterly Stocks on All Position Report as of 1 March and Intended Plantings Report. From a grain market standpoint, this is the second most important report of the year. Only the June Quarterly Stocks and Actual Plantings Reports are more important than today’s reports.
Gary asked:
"I am somewhat confused about the ADM corn survey you sent Sunday morning. Carryover down 198 (million bushels) from last year, I've read exports are up over 300+ from last year and ethanol is doing great. The size of the 2024 crop was lowered 4+ bushel (by USDA in January) and carryover was lowered from previous years. Maybe I'm missing something, but it seems the carryover should be down more than 198 can you explain?"
Here are the ADM estimates you are referring to:
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