Demand for corn now greater than amount grown; stockpiles reduced

From Reuters News Service:

Exporters, livestock feeders and ethanol makers are going through the U.S. corn stockpile faster than farmers can grow the crops, the government said on Friday.

Despite record crops in two of the past three years and another record within reach this year, the Agriculture Department estimated the corn carryover will shrink to the lowest level since 2006/07.

Read more here.

Advertisements
Posted in NEWS and law. Comments Off on Demand for corn now greater than amount grown; stockpiles reduced