growing season

USDA Trims America’s Feed Grain Supplies

Dan Commodities, Corn, Economy, Wheat

USDA is forecasting October U.S. feed grain production at 396.6 million tons for the 2023-2024 marketing year, down 1.8 million tons on reduced corn and sorghum output. With lower beginning stocks partly offset by a slight bump in imports, the total feed grain supply is projected 4.1 million tons lower this month at 436 million. Reflecting a slight yield decrease …