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USDA report shows U.S. corn and soybean exports up, stocks down, with corn acreage set to rise in 2025.
The USDA's April WASDE report shows US corn and soybean exports rose significantly, with corn up by 100 million bushels and soybean crush up by 10 million bushels.
Corn ending stocks decreased to 1.465 billion bushels, and soybean stocks fell to 375 million bushels.
South American production figures remained unchanged.
The Prospective Plantings Report projects a 5% increase in US corn acreage for 2025, with soybean acreage down 4%.
The report also noted minor adjustments to wheat production and trade estimates.
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El informe del USDA muestra que las exportaciones de maíz y soja de EE.UU. suben, las existencias bajan, y que la superficie de maíz aumentará en 2025.