Corn Crop Disappoints, Grain Stockpiles Drop to Three-Year Low

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The bumper US corn crop of 2011 has turned into a disappointment, leaving global corn stockpiles at a three-year low.  Courtesy of Bloomberg via The Daily Crux: The U.S. is reaping its smallest corn harvest in three years after a drought damaged what was a record crop as recently as July, driving annual prices to […]

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Beijing remains concerned about corn supplies, especially in the medium to long-term, the South China Morning Post reports, as China is becoming a big-time importer of corn: “China’s net import of corn could exceed 20 million tonnes in three years,” said Liu Xiaobo, a Shanghai-based food analyst from Everbright Securities. “Most of the corn imports […]

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