Corn rally unlikely through winter, spring

Jan 17, 2005
— Significant downturn unlikely also. Cheaper-than-normal feed corn prices are expected to remain in place through at least the first half of the year, as 2004 production and end-of-year stocks were both higher than previously forecasted. Several market analysts, however, didn’t think prices would drop much more either as corn exports and domestic ethanol demand this year are expected to eclipse 2004 levels. According to USDA’s latest crop producti...

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