Thursday, July 14, 2011
The Associated Press
ST. LOUIS -- Corn supplies are projected to be higher than expected this fall. A bigger crop would ease concerns of a grain shortage and could slow food inflation later this year.
USDA said July 12 that 880 million bushels of corn will be left over when the harvest begins. That's an increase from the previous estimate of 730 million acres.
Higher corn prices led farmers to plant the second biggest corn crop this year since World War II.
More expensive grain has led to food price increases this year. It could ultimately. . .
Register or Login to keep reading
Thank you for your interest in accessing the complete content. To continue reading, please register for free. By registering, you'll gain full access to our valuable resources, updates, and insights.
If you already have an account please Log In.
