By Michael Diliberto, Ph.D.
LSU AgCenter
This month’s 2024/25 U.S. corn outlook is for greater exports, reduced feed and residual use, and smaller ending stocks. Feed and residual use is cut 25 million bushels to 5.8 billion based on disappearance during the December-February quarter as indicated in the March 31st Grain Stocks report. Exports are raised 100 million bushels reflecting the pace of sales and shipments to date and relatively competitive U.S. prices.