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IMPORTS OF MAIZE LIKELY TO MEET ETHENOL PRODUCTION NEEDS - vyaparsampark.com
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According USDA data United States corn production was record high and stocks are at 5 years highest level. Corn crop harvests were bigger than previous estimates. Production is at record 15.34 billion bushels, up marginally of 1.3% larger than the 2016 crop of 15.15 bushels. Maize prices in Davangere of Karnataka lower by Rs.20 per quintal due to rise in arrivals from 2700 bags to 3000 bags. Prices expected to rise due to demand expected to be increase.