Corn Demand Projected to Outpace Supply This Year

Our Archive

Search completed

The LA Times reports that corn supplies are tightening, with supply/demand projected to be “upside down” this year: This year’s harvest is expected to yield 11.9 billion bushels, down 155 million from last month’s projection. The decline is due to soggy weather in such corn-producing states as Illinois, where farmers have delayed planting. Total use […]

Read More

Despite record harvests last year, corn and wheat stocks are still sitting near 30-year lows.  Which means, anything short of a bumper crop could send the grains skywards once again. Here are some very cool charts, courtesy of Chris Mayer at DailyWealth, that depict the stocks-to-use ratios of of wheat and corn since 1970, versus […]

Read More

Chris Mayer writes in Agora Financial’s Rude Awakening that the global food supply problem is more acute than ever before, as a result of the current financial crisis. This is something we’ve been discussing here of late. Farmers cannot get basic loans for fertilizer. Forget about new capital investments. And this all happening with world […]

Read More