CME: Corn Usage Uncertain with Changing Yields
US - In basketball parlance, it’s a jump ball for an extra 166 million bushels of corn. That is our take on Friday’s USDA Grain Stocks report which estimated 1 September corn stocks to be 1.128 billion bushels, 17.3 per cent higher than the 0.962 billion bushels expected, on average, by analysts surveyed last week by Dow Jones, write Steve Meyer and Len Steiner.
4 October 2011
2 minute read
