date:Nov 02, 2012
in consumption of 1.376 billion bushels and year-ending stocks slightly above 5% of consumption, Good says. The ongoing pace of consumption reveals the adjustments that are being made to accommodate the available supply. A pace of consumption that cannot be supported implies the need for higher prices.
It all adds up to one big question for farmers like Palouser: So, are you going to hold all your corn for that big surge to ration it?