USDA reported corn carry-out for 2009-10 was 1.707 billion bushels compared to 1.673 billion last year. In the September report, USDA estimated 1.386 billion carry-out, so this latest report added 321 million bushels to the current year’s (2010-11) total supply.
Carry-out is the term farmers use to describe the corn left at the end of the year - this is the corn that just sits around extra without any market. And some people think farmers can't produce enough to feed and fuel the world!
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