MNSL

Ethanol Producers in Trouble as Corn Sets New Record

Alternative energy such as Ethanol has beocme speculative now. It is time to leave the grain market now.

Coming Soon: Global Corn-for-Sale Signs

I agree with this article. In fact currently India is producing more and more corn and in addition to local consumption they are exporting to nearby counties as well. On top that now poor farmers worldwide working hard to produce more corn (maize) due to higher prices. Some governments’ already implemented plan to produce grains locally such as rice, corn etc.

Definitely there will be oversupply situation in the world market and prices will come down badly. Some counties poor farmers neglected corn planting due to low prices and now this trend has changed In addition some animal production companies already started to plant corn locally. Therefore there will be plenty of corn in the market soon and stock level will go up unexpectedly. So I agree with corn for sale.