USDA increases US wheat ending stocks more than expected

From agriculture.com

Today (March 12), USDA released the March 2025 World Agricultural Supply and Demand Estimates (WASDE) report. While the average trade expectation was for decreased 2024/2025 U.S. corn ending stocks, and slightly higher soybean ending stocks, USDA held both estimates steady month-over-month. U.S. wheat ending stocks, however, were increased more than expected.

“The outlook for 2024/2025 U.S. wheat this month is for larger supplies, unchanged domestic use, lower exports, and higher ending stocks,” said USDA in the report. Read the rest of the article here.

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