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News and analysis on the global poultry
and animal feed industries.
on June 9, 2009

India’s decreasing corn acreage boosts futures

A potential decrease in India's corn acreage caused the country's corn futures to open higher on June 8, according to Reuters.

A potential decrease in India's corn acreage caused the country's corn futures to open higher on June 8, according to Reuters.

Analysts expect soybean, turmeric and sugarcane will take land from corn as they produce higher yields, and the consequential shrinking acreage of corn could push both supply and prices higher.

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