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CORN FUTURES

 

 

Aflatoxin, a fungus found on CORN and other GRAINS, can cause illness in animals and is associated with liver cancer in humans. Symptoms of aflatoxin poisoning include lethargy, loss of appetite, yellowish eyes and gums, and severe diarrhea.

USAgnet. December 30, 2005.


Projected 2005/06 U.S. CORN STOCKS rise from last month due to a drop in exports. No changes are made to projected U.S. 2005/06 corn production, imports, or domestic use. CORN EXPORTS are down 100 million bushels from last month due primarily to increased corn exports by China and Ukraine.

USDA's World Ag Supply & Demand Estimates. December 9, 2005.


(Ron) Lamberty (executive director of the American Coalition for Ethanol) also rejected the criticism that ethanol should be rethought because it has to be subsidized, saying that oil is also subsidized.

"We don't apologize for the fact that ethanol is taxed lower," Lamberty said. "We're not over in the Middle East because were trying to get Persian rugs. We've got a large Defense Department present in the Persian Gulf so we can bring fuel back at a low price."

Fox news. November 28, 2003.

 

U.S. Corn Market Statistics (in billion bushels)

Year ending
Sept. 30,

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

Production

9.29

9.21

9.76

9.43

9.92

9.50

8.97

10.09

11.81e

11.03e

Total Use

8.85

8.79

9.30

9.52

9.74

9.81

9.49

10.23

10.66e

10.73e

Ending Stocks

.88

1.31

1.79

1.72

1.90

1.60

1.09

.96

2.11e

2.42e

End. Stocks
to Use Ratio (%)

10

15

19

18

19

16

11

9e

20e

23e


2003-2004
Production Est.

MMT

% of World

USA

295

43%

China

122

18%

EU-25

51

7%

World

684

100%


U.S. Corn Market Statistics (in billion bushels)
Year ending
Sept. 30,
1997 1998 1999 2000 2001 2002 2003 2004 2005 2006
Production 9.29 9.21 9.76 9.43 9.92 9.50 8.97 10.09 11.81e 11.11e
Total Use 8.85 8.79 9.30 9.52 9.74 9.81 9.49 10.23 10.66e 10.81e
Ending Stocks .88 1.31 1.79 1.72 1.90 1.60 1.09 .96 2.11e 2.43e
End. Stocks
to Use Ratio (%)
10 15 19 18 19 16 11 9e 20e 22e

2004-2005
Production Est.
MMT % of World
Eu-25
133 
22%
China 90 
15%
India  72 
12%
World 616 
100%

Grain Futures is also spread to: | Corn | Canola | Grain Futures |Soybeans|Soybean meal|Sunflowerseed|SoybeanOil|Azuki Beans|Palm Oil|Wheat|Barely|Oats|Rice |

 

 
 
     
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