Corn Prices May Not Improve, Even with Less Production

As farmers plant fewer acres to corn, will smaller supplies bring on better prices? This story from Gary Crawford answers that question.

Seth Meyer, USDA Outlook Board Chairman, gives reasons for the USDA forecast for a 50 million bushel increase in the use of corn for ethanol in the coming marketing year…new projection, 5.5 million bushels.

(From the U.S. Department of Agriculture)