USA - Corn demand will exceed supply

In it's monthly World Agricultural Supply and Demand Report, released this week, USDA projects that corn demand in the 2009/2010 marketing year will surpass production by 525 million bushels. For the marketing year that begins Sept. 1, USDA estimates corn usage at 12.3 million bushels. The result will be a significant drop in storage stocks.
Thursday 11 June 2009 (8 years 11 months 10 days ago)
In it's monthly World Agricultural Supply and Demand Report, released this week, USDA projects that corn demand in the 2009/2010 marketing year will surpass production by 525 million bushels. For the marketing year that begins Sept. 1, USDA estimates corn usage at 12.3 million bushels. The result will be a significant drop in storage stocks.

While the new crop growing season is barely underway, USDA officials predict a 11.9-billion-bushel corn crop, down 155 million from last month's estimate.

http://www.porkmag.com/directories.asp?pgID=675&ed_id=7723

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