Oct 18, 2011

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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