Crop Market Report for Corn, Soybeans, Rice, and Cotton: August 2023

By Michael Deliberto

LSU AgCenter

This month’s 2023/24 U.S. corn outlook is for reduced supplies, lower domestic use, smaller exports, and tighter ending stocks. Projected beginning stocks for 2023/24 this month have been raised 55 million bushels higher based on a lower use forecast for 2022/23, reflecting reductions in corn used for exports, glucose and dextrose, and starch.

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