U.S. corn stockpiles in the 2011-2012 marketing year will fall to 20.3 million metric tons, the lowest level in 16 years, and prices will rise 9 percent in six months, according to Goldman Sachs.
Corn futures have already declined 11 percent in the last year, and may drop to $5.25 per bushel at the end of 2012. “Corn prices will remain high relative to other crops in coming months in order to secure sufficient acreage gains in the U.S. to help rebuild U.S. inventories,” said New York-based analyst Damien Courvalin.
Soybean futures have dropped 15 percent in the last year and wheat has dropped 26 percent, according to the U.S. Department of Agriculture.
Feasibility study finds province has the right mix of production and market demand to support a soybean crushing facility
USDA says corn crop is well ahead of schedule
The Center for Tropical Agricultural Research (CIAT) will release two new varieties of soybeans, recommended for different areas of soy production in Santa Cruz.
--- Thank you for your patience ----
If you have any issues logging in or any other need feel free to contact us.