Revised Corn S&D From USDA
The USDA revised October corn S&D numbers dropping planted acres by 01.0m acres and harvested acres also by 1.0m acres, yield was also slightly reduced resulting in a drop in production from 12.2 billion bushels in the Oct 10th estimate to 12.033 billion. Ending stocks were also revised lower at 1.088 billion from 1.154 billion.