Not Much Change in Supply Demand

Posted by Rick Shields on

USDA sharply increased its estimate of China’s 2012-’13 corn production…but little impact is expected to U.S. corn exports.

USDA raised China’s expected corn production by 8-million tons, based on expanded corn plantings and good rainfall, boosting area and yields to new records.

 

But, World Ag Outlook board chair Gerald Bange says China won’t suddenly become a net corn exporter, again

Not Much Change in Supply Demand

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