The European Commission Quantifies Corn And Barley Stocks In The EU

The European Commission projected higher corn ending stocks and lower barley ending stocks in the EU.

Corn ending stocks in the EU will be 10.16 mln tons with 9.95 mln tons inn the previous forecast. Corn export during the season has decreased by 2.2 mln tons (2.7) and import has dropped to 13.7 mln tons (14).

Barley ending stock forecast has dropped to 9.5 mln tons (9.8) as a result of the increased fodder consumption – 39.4 mln tons (39.1).

Corn ending stocks in the EU were 12.2 mln tons while barley ending stocks were 7.6 mln tons.