Oct 18, 2011
blog

Crop Report Highlights and Projected Carryover Stocks

Normally, the October USDA Crop Report does not attract the same attention as some other months, because the crop production numbers are fairly well established. However, this was not the case in 2011, with the tremendous amount of uncertainty surrounding corn and soybean yields due to variable weather conditions late in the growing season....More
Oct 18, 2011
blog

U.S. Corn Exports Perk Up

Last week’s sale of 900,000 metric tons (mt) of U.S. corn to China highlighted the fact lower corn prices have rejuvenated export demand over the past month. USDA last Wednesday cut its projection for 2011-2012 U.S. corn exports by another 50 million bushels to 1.600 billion, which would be a drop of 12.8% from last year’s 1.835 billion bushels....More

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