World Agricultural Supply and Demand Estimates (WASDE) Report

on Saturday 14 January 2012

World Agricultural Supply and Demand Estimates (WASDE) increased the corn production by 48 million bushels to around 12537 million bushels which results in increase in overall corn supply to around 13500 million bushels from 13452 million bushels.  However, corn ending stocks forecast has been decreased marginally by 2 million bushels to around 845 million bushels from 847 million bushels. After getting the cues from World Agricultural Supply and Demand Estimates (WASDE) report, corn international as well as domestic market tumled down.

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