Tuesday, November 10, 2009

Corn Harvest Way Behind for Mid-November

from Arlan:

World corn stocks are the tightest of the past 34 years in terms of days of use; US stocks similar to past several years.

And the corn crop this year is still only 37% harvested -- in mid-November! However, bushels per acre is up marginally in the latest USDA report.

and from Feedstuffs:

This morning the U.S. Department of Agriculture released its latest supply and demand figures which found that farmers are reaping larger soybean yields than originally expected but this year's corn crop is down slightly.