corn

Analysts Uncertain, yet Optimistic, About the Global Forecast of Grain Supply

As the global demand for corn continues to rise, analysts are waiting to see the effect the U.S. drought will have on the international grain industry. Corn is increasingly being used to convert into ethanol in the U.S. and in high demand in China where it it used to feed into the meat industry, and it has yet to be seen how this year’s significant loss in harvest will impact grain use across the globe.