Feed Situation: November 1972 (Classic Reprint)

Name: Feed Situation: November 1972 (Classic Reprint)
Brand: Forgotten Books
Availability: OutOfStock
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By Service, United States Economic Research

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Excerpt from Feed Situation<br/><br/>Corn supplies total a record billion bushels, 5 percent larger than last year. With continued strong feed demand from more livestock, domestic use probably will gain 5 percent. Exports are projected at 1 billion bushels, or roughly 200 million above last year's total. Total use, estimated at billion bushels, will exceed output, lowering the carryover next October 1 to around 1 billion bushels. Prices this fall are well above low levels of a year ago and will continue strong into winter. The mid-november corn price of at Chicago was about 30 cents a bushel above the low level of a year before. Prices through the first half of November were influenced by prolonged wet weather which delayed harvest in much of the Midwest. Through mid-november, about half of the 1972 corn cr0p in the Corn Belt had been harvested, compared with about four-fifths normally. Prices this winter and spring will continue to be sensitive to the final outcome of the crop, export developments, and 1973 prospective plantings reports in January and March.

Product details

Number of Pages:: 36
Release Date:: 2017-11-07
Publication Date:: 2017-11-07
Publisher:: Forgotten Books
Languages:: Published: English, Original: English
ISBN10:: 0260503304

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