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Capacity of off-farm commercial grain storage in the United States totaled 9.74 billion bushels on December 2010, up 3% from December 2009.
Corn for grain production is estimated at 12.4 billion bushels, down 1 percent from the Nov. 1 forecast and 5 percent below the record high production of 13.1 billion bushels set in 2009.
See the corn area harvested, yield and production figures.
Tomorrow is the big day, the Jan. 12 Crop Production and World Agricultural Supply and Demand Estimates reports. Here’s what you need to know before the reports are released.
The 800-mile-long Trans Alaska Pipeline System transports around 15% of the U.S. crude oil production. It’s closed with no estimate of reopening.
Will we find this summer that the worst of the worst occurred before the stimulus programs had time to have a material effect, setting the stage for overstimulus and inflation?