In its first look at the 2012-2013 corn crop, the U.S. Department of Agriculture projected next year’s crop at a record-large 14.27 billion bushels — up 15.5 percent from 2011-2012. Corn ending stocks will double to 1.6 billion bushels. Most important, the USDA forecast next season’s average corn price to drop from $6.20 in 2011-2012 to just $5 per bushel for 2012-2013. In the meantime, corn supplies will remain tight — and prices are expected to remain high — ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?