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Farm Progress's 2023 feed grain outlook says U.S. corn stocks-to-use is among the lowest in a decade. Lower planted acreage and yield in 2022 pushed production below use in the 2022/23 marketing year by 255 million bushels.
Economists advise controlling costs and managing pricing as weather, macro conditions and geopolitics add volatility.
Tight corn stocks keep feed grain prices supported, which raises feed costs and narrows margins for buyers.
farmprogress.comMark Welch, Scott ClawsonJan 30, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
