Analysts see corn prices moving lower in 2012 with USDA estimates (.pdf) tipping off that even...

|By:, SA News Editor

Analysts see corn prices moving lower in 2012 with USDA estimates (.pdf) tipping off that even with production projected to increased 4.8%, inventories will only taper off 0.8% with global meat demand strong. As harvests across the globe expand, prices could fall 30% to $4.305/bushel next year, according to analyst estimates. A wide variety of companies from meat processors to ethanol makers stand to benefit from falling corn prices including the likes of ADM, HML, K, GIS, TSN, SFD, and VLO.