date:Jan 24, 2013
evealed on January 11 breathed some life back into old crop corn prices even though the pace of exports and domestic processing remain low. In addition to a slowdown in consumption of US corn, the USDA projects another large corn harvest in Brazil in 2013 and a rebound in production in Argentina following the drought reduced harvest of 2012. While likely large, the size of those crops is yet to be determined and recent dryness in some areas has raised some yield concerns.
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