September 13, 2011

The new world supply and demand estimates

The prediction for US corn for 2011-12 is forecast lower by 417 million bushels with yields down from last month across the corn belt. This is the prediction of the United States Department of Agriculture (USDA), the declining corn will cause a bottleneck effect with ethanol producers and feed manufactures wanting their share of the corn crops. This reduction in the corn crop can mean only one thing, prices will go up, higher feed cost and higher food cost. Read more ...

This blog is written by Martin Little, The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers
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