IS THE BULL RUN OVER FOR GRAINS?

Twitter It! In one word: No. Let’s look at some supply/demand numbers for each of the grains. Corn: USDA estimates for 2008 place total US Corn production at 13.32 billion bushels; usage at 12.64 billion bushels putting ending stocks at 1.675 bb (billion bushels). To put the ending stocks figure in perspective, let’s look at [...]