date:Nov 21, 2012
USDA, domestic corn production is expected to be down 13% from 2011, at 10.7 billion bushels. That would represent the lowest corn production volume since 2006.
For those reasons, the outlook for U.S. corn exports going forward is less positive than a few years ago, Abbott says.
We've tried to accommodate the export markets by working to increase production, but we haven't managed to do that, he says. We've had to keep feed use flat and watch exports shrink. All the hard work we did to build e