The USDA World Supply and Demand (WASDE) Report released on July 11th included a slight decrease in the projected 2025 corn production, based on the small decrease in the estimated 2025 U.S. corn acreage that was in the June 30th USDA Crop Acreage Report. USDA also indicated a slight reduction in the anticipated corn ending stocks for the current 2024-25 marketing year, which ends on August 31, 2025. The combination of these factors resulted projected lower corn ending stocks for both the 2024-25 and 2025-26 marketing year. Corn futures prices on the Chicago Board of Trade (CBOT) showed very little reaction to the WASDE report and continued to react to favorable growing conditions across much of the Corn Belt, resulting in corn futures prices being down slightly following the release of th

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