date:Apr 10, 2013
op that would help replenishrazor-tight supplies.
The USDA, in the report, also said corn supplies as of March1 were larger than expected.
Prices for December corn, which represent the cropthat will be harvested next year, have since dropped by almost 6percent at the Chicago Board of Trade.
However, the decline in corn prices, if it persists, willnot do much to help Cargill's meat processing business becausecattle supplies will remain tight for at least two years, saidJim Robb, director of