Russia corn stocks down 24% year-on-year.

According to the Russian State Statistics Committee, grain inventories at farming, procurement and processing entities totaled 56.36 MMT as of November 1, 2017, or 16% more than on the same date last year. Procurement and processing entities held 20.9% more wheat than a year ago: 15.65 MMT, including 11.04 MMT of milling wheat (up 27.9% year-on-year).