date:Oct 18, 2012
ve enough corn for continued expansion of its corn-processing facilities. That bodes well for long-term demand, says Sleight. In a tough year for U.S. corn, it's a relief that the world's no. 2 producer (China) is having a good year. That will help limit demand destruction and preserve markets for U.S. corn as we rebound next year, he said.
This year, only slight growth is expected in China's feed demand and industrial corn processing, due to tight profit margins. But USGC sees demand picking