World Grain - June 2020 - 13

USDA: Record corn crop on tap for 2020-21
WASHINGTON, DC, US - The US Department of
Agriculture on May 12 said the outlook for corn in 2020-21
was for record production and domestic use, greater exports
and larger ending stocks than forecast for the current year.
The USDA forecast the carryover of corn on Sept. 1, 2021,
at 3.318 billion bushels, up 1.22 billion bushels, or 58%, from
2.098 billion bushels as the projection for the current year.
The 2021 corn carryover as forecast would be the largest since
4.259 billion bushels in 1988.
The 2020 corn crop was projected at a record 15.995 billion bushels, up 2.332 billion bushels, or 17%, from 13.663
billion bushels in 2019. The production forecast was based
on a projected harvested area at 89.6 million acres (based on
a planted area forecast at 97 million acres in the Prospective
Plantings report issued at the end of March and historical
abandonment) and a weather-adjusted trendline yield at
178.5 bushels per acre. The total corn supply in 2020-21 was
forecast at a record 18.118 billion bushels, up 2.19 billion

bushels, or 14%, from 15.928 billion bushels in 2019-20.
The USDA projected domestic use of corn in 2020-21 at a
record 12.65 billion bushels, up 595 million bushels, or 5%,
from a forecast 12.055 billion bushels in 2019-20. Feed and
residual use of corn in 2020-21 was forecast at 6.05 billion
bushels, up 350 million bushels from a projected 5.7 billion
bushels in the current year.
Food, seed and industrial use of corn in 2020-21 was projected at 6.6 billion bushels, up 245 million bushels, or 4%,
from 6.355 billion bushels as the 2019-20 forecast. Of that
total, corn use for ethanol in 2020-21 was projected at 5.2 billion bushels, up 250 million bushels from the downwardly
revised (by 100 million bushels) 4.95 billion bushels in the
2019-20 forecast.
The USDA commented, "Corn used for ethanol is projected to increase from the 2019-20 COVID-19-reduced levels, based on expectations for a rebound in US motor gasoline consumption."

CBH delays storage expansion projects due to COVID-19
WEST PERTH, AUSTRALIA - CBH Group is postponing
half of its planned storage expansion projects due to the coronavirus (COVID-19) pandemic.
In late February, CBH approved the expansion of storage capacity at six sites and has since decided to postpone
work that includes 127,000 tonnes of additional storage at
Brookton, 14,000 tonnes at Dale and 136,000 tonnes at Hyden
until early 2021.
"Given the uncertainty created by the COVID-19 pandemic, which immediately followed the smaller harvest in
2019-20, CBH has reviewed the delivery of our 2020 network

investment," said Jimmy Wilson, CEO of CBH. "While we
DUHLQDJRRG¿QDQFLDOSRVLWLRQWKHYLUXVFRQWLQXHVWRKDYHD
VLJQL¿FDQWLPSDFWRQWKHEURDGHUHFRQRP\LQFOXGLQJRQRXU
FXVWRPHUVVXSSOLHUVDQG¿QDQFLDOPDUNHWV:HQHHGWRHQVXUH
we take a prudent approach in this environment so that we are
well placed for success in the longer term."
CBH has determined that work will continue at the storage
expansion projects at Konnongorring, Moora and Watheroo,
where site work has commenced. Work at those locations,
which started earlier, are progressing, and are expected to be
completed before harvest.

www.World-Grain.com / World Grain / June 2020

13


http://www.denis.fr http://www.World-Grain.com

World Grain - June 2020

Table of Contents for the Digital Edition of World Grain - June 2020

World Grain - June 2020 - 1
World Grain - June 2020 - 1
World Grain - June 2020 - 2
World Grain - June 2020 - 3
World Grain - June 2020 - 4
World Grain - June 2020 - 5
World Grain - June 2020 - 6
World Grain - June 2020 - 7
World Grain - June 2020 - 8
World Grain - June 2020 - 9
World Grain - June 2020 - 10
World Grain - June 2020 - 11
World Grain - June 2020 - 12
World Grain - June 2020 - 13
World Grain - June 2020 - 14
World Grain - June 2020 - 15
World Grain - June 2020 - 16
World Grain - June 2020 - 17
World Grain - June 2020 - 18
World Grain - June 2020 - 19
World Grain - June 2020 - 20
World Grain - June 2020 - 21
World Grain - June 2020 - 22
World Grain - June 2020 - 23
World Grain - June 2020 - 24
World Grain - June 2020 - 25
World Grain - June 2020 - 26
World Grain - June 2020 - 27
World Grain - June 2020 - 28
World Grain - June 2020 - 29
World Grain - June 2020 - 30
World Grain - June 2020 - 31
World Grain - June 2020 - 32
World Grain - June 2020 - 33
World Grain - June 2020 - 34
World Grain - June 2020 - 35
World Grain - June 2020 - 36
World Grain - June 2020 - 37
World Grain - June 2020 - 38
World Grain - June 2020 - 39
World Grain - June 2020 - 40
World Grain - June 2020 - 41
World Grain - June 2020 - 42
World Grain - June 2020 - 43
World Grain - June 2020 - 44
World Grain - June 2020 - 45
World Grain - June 2020 - 46
World Grain - June 2020 - 47
World Grain - June 2020 - 48
World Grain - June 2020 - 49
World Grain - June 2020 - 50
World Grain - June 2020 - 51
World Grain - June 2020 - 52
World Grain - June 2020 - 53
World Grain - June 2020 - 54
World Grain - June 2020 - 55
World Grain - June 2020 - 56
World Grain - June 2020 - 57
World Grain - June 2020 - 58
World Grain - June 2020 - 59
World Grain - June 2020 - 60
World Grain - June 2020 - 61
World Grain - June 2020 - 62
World Grain - June 2020 - 63
World Grain - June 2020 - 64
World Grain - June 2020 - 65
World Grain - June 2020 - 66
World Grain - June 2020 - 67
World Grain - June 2020 - 68
World Grain - June 2020 - 69
World Grain - June 2020 - 70
World Grain - June 2020 - 71
World Grain - June 2020 - 72
World Grain - June 2020 - 73
World Grain - June 2020 - 74
World Grain - June 2020 - 75
World Grain - June 2020 - 76
World Grain - June 2020 - 77
World Grain - June 2020 - 78
World Grain - June 2020 - 79
World Grain - June 2020 - 80
World Grain - June 2020 - 81
World Grain - June 2020 - 82
World Grain - June 2020 - 83
World Grain - June 2020 - 84
http://digital.world-grain.com/sosland/wg/2020_07_01
http://digital.world-grain.com/sosland/wg/2020_06_01
http://digital.world-grain.com/sosland/wg/2020_05_01
http://digital.world-grain.com/sosland/wg/2020_04_01
http://digital.world-grain.com/sosland/wg/2020_03_01
http://digital.world-grain.com/sosland/wg/2020_02_01
http://digital.world-grain.com/sosland/wg/2020_01_01
http://digital.world-grain.com/sosland/wg/2019_12_01
http://digital.world-grain.com/sosland/wg/2019_11_01
http://digital.world-grain.com/sosland/wg/2019_10_01
http://digital.world-grain.com/sosland/wg/2019_09_01
http://digital.world-grain.com/sosland/wg/2019_08_01
http://digital.world-grain.com/sosland/wg/2019_07_01
http://digital.world-grain.com/sosland/wg/2019_06_01
http://digital.world-grain.com/sosland/wg/2019_05_01
http://digital.world-grain.com/sosland/wg/2019_04_01
http://digital.world-grain.com/sosland/wg/2019_03_01
http://digital.world-grain.com/sosland/wg/2019_02_01
http://digital.world-grain.com/sosland/wg/2019_01_01
http://digital.world-grain.com/sosland/wg/2018_12_01
http://digital.world-grain.com/sosland/wg/2018_11_01
http://digital.world-grain.com/sosland/wg/2018_10_01
http://digital.world-grain.com/sosland/wg/2018_09_01
http://digital.world-grain.com/sosland/wg/2018_08_01
http://digital.world-grain.com/sosland/wg/2018_07_01
http://digital.world-grain.com/sosland/wg/2018_06_01
http://digital.world-grain.com/sosland/wg/2018_05_01
http://digital.world-grain.com/sosland/wg/2018_04_01
http://digital.world-grain.com/sosland/wg/2018_03_01
https://www.nxtbook.com/sosland/wg/2018_02_01
https://www.nxtbook.com/sosland/wg/2018_01_01
https://www.nxtbook.com/sosland/wg/2017_12_01
https://www.nxtbook.com/sosland/wg/2017_11_01
https://www.nxtbook.com/sosland/wg/2017_10_01
https://www.nxtbook.com/sosland/wg/2017_09_01
https://www.nxtbook.com/sosland/wg/2017_08_01
https://www.nxtbook.com/sosland/wg/2017_07_01
https://www.nxtbook.com/sosland/wg/2017_06_01
https://www.nxtbook.com/sosland/wg/2017_05_01
https://www.nxtbook.com/sosland/wg/2017_04_01
https://www.nxtbook.com/sosland/wg/2017_03_01
https://www.nxtbook.com/sosland/wg/2017_02_01
https://www.nxtbook.com/sosland/wg/2017_01_01
https://www.nxtbook.com/sosland/wg/2016_12_01
https://www.nxtbook.com/sosland/wg/2016_11_01
https://www.nxtbook.com/sosland/wg/2016_10_01
https://www.nxtbook.com/sosland/wg/2016_09_01
https://www.nxtbook.com/sosland/wg/2016_08_01
https://www.nxtbook.com/sosland/wg/2016_07_01
https://www.nxtbook.com/sosland/wg/2016_06_01
https://www.nxtbook.com/sosland/wg/2016_05_01
https://www.nxtbook.com/sosland/wg/2016_04_01
https://www.nxtbook.com/sosland/wg/2016_03_01
https://www.nxtbook.com/sosland/wg/2016_02_01
https://www.nxtbook.com/sosland/wg/2016_01_01
https://www.nxtbook.com/sosland/wg/2015_12_01
https://www.nxtbook.com/sosland/wg/2015_11_01
https://www.nxtbook.com/sosland/wg/2015_10_01
http://digital.world-grain.com/sosland/wg/2015_09_01
http://digital.world-grain.com/sosland/wg/2015_08_01
http://digital.world-grain.com/sosland/wg/2015_07_01
http://digital.world-grain.com/sosland/wg/2015_06_01
http://digital.world-grain.com/sosland/wg/2015_05_01
https://www.nxtbook.com/sosland/wg/2015_04_01
https://www.nxtbook.com/sosland/wg/2015_03_01
https://www.nxtbook.com/sosland/wg/2015_02_01
http://digital.world-grain.com/sosland/wg/2015_01_01
https://www.nxtbook.com/sosland/wg/2014_12_01
https://www.nxtbook.com/sosland/wg/2014_11_01
https://www.nxtbook.com/sosland/wg/2014_10_01
https://www.nxtbook.com/sosland/wg/2014_09_01
https://www.nxtbook.com/sosland/wg/2014_08_01
https://www.nxtbook.com/sosland/wg/2014_07_01
https://www.nxtbook.com/sosland/wg/2014_06_01
https://www.nxtbook.com/sosland/wg/2014_05_01
https://www.nxtbook.com/sosland/wg/2014_04_01
https://www.nxtbook.com/sosland/wg/2014_03_01
https://www.nxtbook.com/sosland/wg/2014_02_01
https://www.nxtbook.com/sosland/wg/2014_01_01
https://www.nxtbook.com/sosland/wg/2013_12_01
https://www.nxtbook.com/sosland/wg/2013_11_01
https://www.nxtbook.com/sosland/wg/2013_10_01
https://www.nxtbook.com/sosland/wg/2013_09_01
https://www.nxtbook.com/sosland/wg/2013_08_01
https://www.nxtbook.com/sosland/wg/2013_07_01
https://www.nxtbook.com/sosland/wg/2013_06_01
https://www.nxtbook.com/sosland/wg/2013_05_01
https://www.nxtbook.com/sosland/wg/2013_04_01
https://www.nxtbook.com/sosland/wg/2013_03_01
https://www.nxtbook.com/sosland/wg/2013_02_01
https://www.nxtbook.com/sosland/wg/2013_01_01
https://www.nxtbook.com/sosland/wg/2012_12_01
https://www.nxtbook.com/sosland/wg/2012_11_01
https://www.nxtbook.com/sosland/wg/2012_10_01
https://www.nxtbook.com/sosland/wg/2012_09_01
https://www.nxtbook.com/sosland/wg/2012_08_01
https://www.nxtbook.com/sosland/wg/2012_07_01
https://www.nxtbook.com/sosland/wg/2012_06_01
https://www.nxtbook.com/sosland/wg/2012_05_01
https://www.nxtbook.com/sosland/wg/2012_04_01
https://www.nxtbook.com/sosland/wg/2012_03_01
https://www.nxtbook.com/sosland/wg/2012_02_01
https://www.nxtbook.com/sosland/wg/2012_01_01
https://www.nxtbook.com/sosland/wg/2011_12_01
https://www.nxtbook.com/sosland/wg/2011_11_01
https://www.nxtbook.com/sosland/wg/2011_10_01
https://www.nxtbook.com/sosland/wg/20111_09_01
https://www.nxtbook.com/sosland/wg/2011_08_01
https://www.nxtbook.com/sosland/wg/2011_07_01
https://www.nxtbook.com/sosland/wg/2011_06_01
https://www.nxtbook.com/sosland/wg/2011_05_01
https://www.nxtbook.com/sosland/wg/2011_04_01
https://www.nxtbook.com/sosland/wg/2011_03_01
http://digital.world-grain.com/sosland/wg/2011_02_01
http://digital.world-grain.com/sosland/wg/2011_02_01
http://digital.world-grain.com/sosland/wg/2011_01_01
http://digital.world-grain.com/sosland/wg/2010_12_01
http://digital.world-grain.com/sosland/wg/2010_11_01
http://digital.world-grain.com/sosland/wg/2010_10_01
http://digital.world-grain.com/sosland/wg/2010_09_01
http://digital.world-grain.com/sosland/wg/2010_08_01
http://digital.world-grain.com/sosland/wg/2010_07_01
http://digital.world-grain.com/sosland/wg/2010_06_01
http://digital.world-grain.com/sosland/wg/2010_05_01
http://digital.world-grain.com/sosland/wg/2010_04_01
http://digital.world-grain.com/sosland/wg/2010_03_01
http://digital.world-grain.com/sosland/wg/2010_02_01
http://digital.world-grain.com/sosland/wg/2010_01_01
http://digital.world-grain.com/sosland/wg/2009_12_01
http://digital.world-grain.com/sosland/wg/2009_11_01
http://digital.world-grain.com/sosland/wg/2009_10_01
http://digital.world-grain.com/sosland/wg/2009_09_01
http://digital.world-grain.com/sosland/wg/2009_08_01
http://digital.world-grain.com/sosland/wg/2009_07_01
http://digital.world-grain.com/sosland/wg/2009_06_01
http://digital.world-grain.com/sosland/wg/2009_05_01
http://digital.world-grain.com/sosland/wg/2009_04_01
http://digital.world-grain.com/sosland/wg/2009_03_01
http://digital.world-grain.com/sosland/wg/2009_02_01
http://digital.world-grain.com/sosland/wg/2009_01_01
http://digital.world-grain.com/sosland/wg/2008_12_01
http://digital.world-grain.com/sosland/wg/2008_11_01
http://digital.world-grain.com/sosland/wg/2008_10_01
http://digital.world-grain.com/sosland/wg/2008_09_01
http://digital.world-grain.com/sosland/wg/2008_08_01
http://digital.world-grain.com/sosland/wg/2008_07_01
http://digital.world-grain.com/sosland/wg/2008_06_01
http://digital.world-grain.com/sosland/wg/2008_05_01
http://digital.world-grain.com/sosland/wg/2008_04_01
http://digital.world-grain.com/sosland/wg/2008_03_01
http://digital.world-grain.com/sosland/wg/2008_02_01
http://digital.world-grain.com/sosland/wg/2008_01_01
http://digital.world-grain.com/sosland/wg/2007_12_01
http://digital.world-grain.com/sosland/wg/2007_11_01
http://digital.world-grain.com/sosland/wg/2007_10_01
http://digital.world-grain.com/sosland/wg/2007_09_01
http://digital.world-grain.com/sosland/wg/2007_08_01
http://digital.world-grain.com/sosland/wg/2007_07_01
http://digital.world-grain.com/sosland/wg/2007_06_01
http://digital.world-grain.com/sosland/wg/2007_05_01
http://digital.world-grain.com/sosland/wg/2007_04_01
http://digital.world-grain.com/sosland/wg/2007_03_01
http://digital.world-grain.com/sosland/wg/2007_02_01
http://digital.world-grain.com/sosland/wg/2007_01_01
http://digital.world-grain.com/sosland/wg/2006_12_01
http://digital.world-grain.com/sosland/wg/2006_11_01
http://digital.world-grain.com/sosland/wg/2006_10_01
http://digital.world-grain.com/sosland/wg/2006_09_01
http://digital.world-grain.com/sosland/wg/2006_08_01
http://digital.world-grain.com/sosland/wg/2006_07_01
http://digital.world-grain.com/sosland/wg/2006_06_01
http://digital.world-grain.com/sosland/wg/2006_05_01
http://digital.world-grain.com/sosland/wg/2006_04_01
http://digital.world-grain.com/sosland/wg/2006_03_01
http://digital.world-grain.com/sosland/wg/2006_02_01
http://digital.world-grain.com/sosland/wg/2006_01_01
http://digital.world-grain.com/sosland/wg/2005_12_01
http://digital.world-grain.com/sosland/wg/2005_11_01
http://digital.world-grain.com/sosland/wg/2005_10_01
http://digital.world-grain.com/sosland/wg/2005_09_01
http://digital.world-grain.com/sosland/wg/2005_08_01
http://digital.world-grain.com/sosland/wg/2005_07_01
http://digital.world-grain.com/sosland/wg/2005_06_01
http://digital.world-grain.com/sosland/wg/2005_05_01
http://digital.world-grain.com/sosland/wg/2005_04_01
http://digital.world-grain.com/sosland/wg/2005_03_01
http://digital.world-grain.com/sosland/wg/2005_02_01
http://digital.world-grain.com/sosland/wg/2005_01_01
http://digital.world-grain.com/sosland/wg/2004_12_01
http://digital.world-grain.com/sosland/wg/2004_11_01
http://digital.world-grain.com/sosland/wg/2004_10_02
http://digital.world-grain.com/sosland/wg/2004_10_02
http://digital.world-grain.com/sosland/wg/2004_10_01
http://digital.world-grain.com/sosland/wg/2004_09_01
http://digital.world-grain.com/sosland/wg/2004_08_01
https://www.nxtbookmedia.com