Corn inventories are big but not burdensome
The global corn carry-over is forecast to climb by nearly 10 percent this marketing year, to 189.9 million tonnes, according to USDA estimates. David Widmar of the blog Agricultural Economic Insights says it would be the largest inventory in 15 years, since 194.4 million tonnes at the end of 1999/2000, and the fifth-largest on record. But it… » Read More
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