Corn Stocks Surge, Soybeans Fall, Equipment Still Bullish

Despite a projected 121% increase in 2012 corn ending inventories, which is expected to lower the per-bushel price farmers get from their crop, and a 3% decline in major stock receipts vs. last year’s record level, most analysts remain firm in the outlook for another solid year for ag equipment sales. 

Meanwhile, a more bullish stock-to-use forecast for soybean stocks is expected to increase its per-bushel pricing for the year. 

Corn Acres & Yield

On…

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