South American corn bolsters drought-ravaged U.S. stocks
date:May 16, 2013
cial-use corn stocks are thinner than they have been since the 1990s. This is bad news for pork, poultry and beef producers facing historically high prices for corn-based animal feed.

The United States bought about 1.5 million tonnes of corn from South America between September 2012 and February 2013. That was mainly Brazilian corn, said a trader at a major exporting company, who asked not to be identified.

In the second half of the corn year, between March and August, the United States will b
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