(NAFB.com) – USDA cut domestic corn ending stocks more sharply than pre-report estimates and boosted corn exports by 100 million bushels. In USDA’s latest World Agricultural Supply and Demand Estimates (WASDE) and Crop Production reports released Thursday, ending stocks for corn in the 2024-25 crop were lowered to 1.465 billion bushels (bb) with 100 million more bushels of export demand. Corn production for the 2024-25 crop was held at 14.87 billion bushels. USDA held the national yield at 179.3 bushels per acre. Harvested acres were 82.9 million. In soybeans, USDA lowered ending stocks for the old-crop 2024-25 by 5 million bushels to 375 mb, within the range of pre-report expectation. USDA estimates increased U.S. wheat ending stocks for the 2024-2025 season at 846 million bushels from 819 mb in March. USDA cut total use by 17 million bushels, down from 1.99 mb last month.