date:Aug 15, 2012
us, down 70 million bus from July), and down 540 million bus from 6,390 million bus in 2011-12 (including corn for ethanol down 500 million bus from 2011-12 and food and seed use down 40 million bus).
U.S. corn exports in 2012-13 were projected at 1,300 million bus, down 300 million bus, or 19%, from 1,600 million bus in July and down 250 bus, or 16%, from 1,550 million bus the previous year.
The average farm price of corn was projected to range from $7.50@8.90 a bu, compared with $5.40@6.40 in