date:Jan 28, 2013
Corn rose from a one-week low on speculation that demand from U.S. makers of biofuel and animal feed will erode inventories. Soybeans fell.
Ethanol production rose 1 percent in the week ended Jan. 18 and stockpiles dropped 1.4 percent, the Energy Department said today in a report. In the week ended Jan. 19, domestic chicken producers increased the number of chicks placed on feed by 1.1 percent from a year earlier, the U.S. Department of Agriculture said yesterday. The government said corn reser