date:Aug 15, 2013
n and hog numbers and weights will grow, cattle numbers will be lower and, depending on the outcome of the Zilmax/beta-agonist situation, weights may decline as well. We think it will be difficult to actually use 5.1 billion bushels of corn for feed in 2013-14.
2012-13 corn carryout stocks were reduced to 719 million bushels from 729 million in July due to a 5 million bushel increase in imports and a 15 million increase in exports. This change plus the changes in output and usage for the coming