actual 12.074, previous 1.76
The Quarterly Grain Stocks - Corn (Dec) report, released by the United States Department of Agriculture (USDA), provides data on the amount of corn held in storage as of December. In this particular release, the actual amount of corn stocks was reported at 12.074 billion bushels, showing a significant increase from the previous report of 1.76 billion bushels. This unexpected surge in corn stocks by 586.023% could have implications for the corn market, as higher stock levels may indicate lower demand or higher production. The impact of this report on the market is considered low, but it is still important for traders and analysts to monitor as it can provide insights into the supply and demand dynamics of the corn market.