date:Nov 02, 2012
When it comes to slowing corn consumption in an effort to get demand more in line with existing shorter-than-normal supplies, the marketplace is doing its job... sort of.
It's got a long way to go, though, says one expert. And there are a lot of legs to the demand stool, which will likely make it tough to slow demand enough to put a dent in the projected corn shortfall. Until then, corn prices likely won't stray too far from the current range.
Corn consumption is clearly slowing, but the pace