UPDATE: USDA Suprises With Adjustment to Chinese Corn Stocks

One of the biggest surprises in the USDA World Agriculture Supply and Demand Estimates report came in the adjustments to Chinese corn stocks.

By AgWeb Guest Editor

•

November 16, 2020 09:08 PM

One of the biggest surprises in the USDA World Agriculture Supply and Demand Estimates report came in the adjustments to Chinese corn stocks. USDA adjusted it’s numbers for production and domestic consumption of corn in China. That meant boosting world stocks by 159 million metric tons from the previous month to 307 million metric tons. Read the report here.

UPDATE: USDA Reports Largest Soybean Crop Ever, as Stocks Grow

Related Stories

Market Analysis

Grains Plunge With Oil, Peace Talks: Is the Rally Over?

Oliver Sloup with Blue Line Futures says grain markets were trying to divorce from the war headlines and crude oil the last few weeks but now are right back trading with the energy moves.

May 06, 2026 04:52 PM

Michelle Rook

Planting

A Frustrating Spring: Spotty Spring Rains Push Southwest Iowa Planting Slightly Behind

Spotty spring rains have slowed planting in southwest Iowa, leaving farmers slightly behind. Despite delays, strong planning, good moisture, and a favorable forecast has Pat Sheldon optimistic for the 2026 crop season.

May 06, 2026 01:32 PM

Tyne Morgan

Exposure to a sub-lethal rate of dicamba.jpg

Crop Production

Metabolic Weed Resistance Crisis Builds Across The Heartland

The problem is making it difficult for farmers to know which herbicide chemistries will still work in their fields.

May 06, 2026 11:49 AM

Rhonda Brooks

Read Next

Business

Strait of Hormuz Crisis: Why Fertilizer Relief is Years Away for U.S. Farmers

As the Strait closure enters its tenth week, supply chain gridlock and policy hurdles suggest high input costs will persist through the 2027 planting season, according to Josh Linville, vice president of fertilizer with StoneX.

May 05, 2026 04:25 PM

Michelle Rook