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U.S. 2014 wheat carryover down 13% from June
date:Jul 12, 2013
,959 million bus, up 10 million from the June projection and up 1,230 million bus, or 169%, from a downwardly revised 729 million bus in 2013. The U.S.D.A. 2014 U.S. corn carryover was above the average trade expectation of 1,874 million bus.

The U.S.D.A. projected 2013 U.S. corn production at a record high 13,950 million bus, down 55 million from 14,005 million bus as the June projection, but up 29% from 10,780 million bus in 2012 based on harvested area of 89.1 million acres and average yield

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