Corn is indicated to open sharply higher as the USDA cuts its stocks/use estimate to 5.2% due to...

|By:, SA News Editor

Corn is indicated to open sharply higher as the USDA cuts its stocks/use estimate to 5.2% due to rain-induced planting delays and otherwise lousy weather this Spring. Wheat stocks are cut as well, but just by a hair, while bean inventories are projected to rise a bit. Full report (pdf).