date:Aug 11, 2012
Friday's USDA Crop Production and supply/demand reports showed that, while U.S. corn and soybean yields have been slammed by the drought -- where right now, corn's pegged at 123.4 bushels/acre and soybeans at 36.1 bushels/acre -- grain usage for livestock feed and ethanol have also been lowered. Analysts say that means rationing is well underway, and that's likely got traders' attention. But, there's a long way to go on that front, and some farmers are starting to wonder whether or not those sec