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Corn Futures



Corn  from 1970 and 200 day exponential average (red) 200 day ROC (rate of change) green.
 
Corn  Recent (Spot) and 200 day exponential average (red) 200 day ROC (rate of change) green.
 
Corn CPI Adjusted Log Chart
 
Corn Futures - The Blue line is a 20 day Donchian channel, red line is a 5 day exponential average, green line is a 20 day exponential average. Vertical green bars MACD (Moving average convergence divergence) 5 and 20.
 
Corn Yield per Acre
 
Corn Point & Figure (Box=2 Rev.=3)
 
Soybean / Corn Ratio
 



Corn U.S & World Stock to Use
 
Corn Notes & Links:
 

Agriculture On Line


According to  the University of Illinois, yields from corn that is planted after May 15 in most of the U.S. Midwest begin to drop by as much as 1 bushel an acre for each day that seeding is delayed.

1 bushel of corn = 56 lbs
1 bushel of corn = 2.7 gallons of Ethanol
To produce one pound of chicken requires 2 pounds of grain
To produce one pound of pork requires 4 pounds of grain
To produce one pound of  beef requires 8 pounds of grain
The Economist Dec/8/07:Fill up an SUV's fuel tank with ethanol and you have
used enough maize to feed a person for a year.
According to farm scientists at Cornell University, cultivating one hectare of maize in the United States requires 40 litres of petrol and 75 litres of diesel
A yardstick to watch is the new crop soybean/corn ratio, which is trading very close to its historical norm of 2.43 to 1. Last year (07) corn rallied enough to drop the ratio below 2 to 1, spurring the massive increase in acres. Bryce Knorr, Farm Futures Senior Editor
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8/20/10 Pro Farmer Midwest Crop Tour said it pegged the 2010-11 U.S. crops at 3.5 billion bushels, above USDA's August estimate of 3.4 billion.
Statistics Canada exceeded expectations by estimating the 2010-11 all-wheat crops at 22.7 million tons.
7/16/10 U.S. Lawmakers are considering lowering a tax credit for ethanol blenders from 45¢/gall to 36¢.
7/9/10 7/9/10 The USDA's U.S. 2010-2011 ending stocks estimate for:
Corn was lowered from 1.573 to 1.373 billion bushels.
Soybeans were kept at 360 million bushels.
Wheat was raised from .991 to 1.093 billion bushels.
The USDA's world 2010-2011 ending stocks estimate for:
Corn was lowered from 147 to 141 million tons. Versus the average analyst estimate of 1.404 billion bushels and the June estimate of 1.603 billion bushels.
Soybeans were raised from 67 to 68 million tons.
Wheat was lowered from 194 to 187 million tons.
7/8/10 Russia cut its forecast for this year's grain output to 85 million tonnes from 90 million as 14 key growing regions declared a state of emergency due to severe drought.
(Bloomberg) -- China, the world’s second-largest corn consumer, may give up efforts to be self-sufficient in the commodity and boost imports 10-fold by 2015 to feed livestock, said a researcher at Japan’s biggest grain trader.
6/30/10 The USDA estimated the 2010 planted area for:
Corn at 87.87 million acres, up almost 2% YoY
Soybeans at 78.87 million acres, up 2% YoY
All wheat at 54.31 million acres, down 8% YoY
Spring wheat at 13.91 million acres, up 5% YoY
Cotton at 10.91 million acres, up 19% YoY
Oats 3.176 million (the lowest on record)
Rice at 3.512 million acres up from 3.411 million
As of June 1, the USDA estimates stocks of:
Corn at 4.31 billion bushels -- up 1% YoY
Soybeans at 571 million bushels -- down 4% YoY
All wheat at 973 million bushels -- up 48% YoY
Rice at 57.4 million hundredweight -- up from 48.4 YoY
6/2/10 (ISU) It is likely that La Niña conditions will be reached during the month of June. This would indicate a substantial increase in corn yield risk for the U.S. , shifting the likely hood of a below trend yield from about 50/50 to 70%. Most of the risk increase would be in the central and eastern areas of the Corn Belt. E. Taylor  
4/22/10 The International Grains Council (IGC) sees wheat carryout at the end of 2010/11 at a nine year high of 199 MMT. The increase, despite lower production and higher usage, is due to the 30 MMT increase in opening stocks left over from bumper production in 2008/09.
Corn ending stocks on the other hand are seen falling from 148 MMt to 140 MMT at the end of 2010/11.
4/9/10 The USDA's 2009-2010 U.S. ending stocks estimate of:
Corn was increased from 1.799 to 1.899 billion bushels.
Soybeans remained at 190 million bushels.
Wheat was reduced from 1,001 to 950 million bushels.
Sugar was increased from 1.075 to 1.218 million tons.
Cotton was reduced from 3.20 to 3.00 million bales.
The USDA's 2009-2010 world ending stocks estimate of:
Corn was increased from 140 to 144 million tons.
Soybeans were increased from 61 to 63 million tons.
Wheat was reduced from 197 to 196 million tons.
Cotton was reduced slightly to 51 million tons.
1/9/10 The USDA estimates 2009-2010 U.S. ending stocks for:
Corn was reduced from 1.764 to 1.719 billion bushels.
The USDA estimates 2009-2010 world ending stocks for:
Corn was reduced from 136 to 134 million tons.
1/12/10 The USDA's 2009-2010 U.S. ending stocks estimate of:
Corn was raised from 1.675 to 1.764 billion bushels.Yields were the culprit, coming in at 165.2 bu/acre, from 162.9 bu/acre last month and 0.7 bu/acre above the highest trade estimate.
Soybeans were reduced from 255 to 245 million bushels.
Wheat was raised from 900 to 976 million bushels.
The USDA's 2009-2010 world ending stocks estimate of:
Corn was raised from 132 to 136 million tons.
Soybeans were raised from 57 to 60 million tons.
Wheat was raised from 191 to 196 million tons.
12/10/09 The USDA's 2009-2010 U.S. ending stocks estimate of:
Corn was raised from 1.625 to 1.675 billion bushels.
Some 12% of the crop is still sitting in the snow!
Soybeans were reduced from 270 to 255 million bushels.
Wheat was raised from 885 to 900 million bushels.
Sugar was kept at 1.016 million tons.
Cotton was lowered from 4.90 to 4.50 million bales.
The USDA's 2009-2010 world ending stocks estimate of:
Corn was kept at 132 million tons.
Soybeans were kept at 57 million tons.
Wheat was raised from 188 to 191 million tons.
Cotton was lowered from 54 to 52 million tons.
11/10/09 USDA's 2009-2010 U.S. ending stocks estimate of:
Corn was lowered from 1.672 to 1.625 billion bushels. (46 day supply)
Soybeans were raised from 230 to 270 million bushels.
Wheat was raised from 864 to 885 million bushels. (145 day supply)
The USDA's 2009-2010 world ending stocks estimate of:
Corn was lowered from 136 to 132 million tons. (60 day supply)
Soybeans were raised from 55 to 57 million tons.
Wheat was raised from 187 to 188 million tons.
11/4/09 Informa estimates the US corn crop at 13.064 billion bushels with a yield of 164.8 bushels per acre
Informa estimates the US bean crop at 3.333 billion bushels with a bpa of 42.4.
The last USDA estimate, in Oct, was 13.018 billion corn with a 164.2 bpa and 3.250 billion beans with a 42.4 bpa.
Last month, Informa estimated the corn crop at 13.127 with a 164.7 bpa and the bean crop at 3.250 billion with a 44 bpa.
10/27/09 “You can’t find a year in USDA’s data (which goes back to 1972) on corn harvest activity that is as slow as this year [20%complete]. Period. (CME)
10/9/09 The USDA's 2009-2010 U.S. ending stocks estimate of:
Corn was raised from 1.635 to 1.672 billion bushels.
Soybeans were raised from 220 to 230 million bushels.
Wheat was raised from 743 to 864 million bushels.
The USDA's 2009-2010 world ending stocks estimate of:
Corn was lowered from 139 to 136 million tons.
Soybeans were raised from 51 to 55 million tons.
Wheat unchanged at 187 million tons.
Cotton unchanged at 56 million tons.
10/7/09 Conab, the Brazilian version of the USDA, estimates the upcoming bean crop at 62.3-63.3 million tonnes versus 57.1 million last year. They put the corn crop at 50.9-52.2 million tonnes vs 51 million last year. Conab's wheat guess is 5.25 million tonnes versus their September guess of 5.85 million.
9/30/09 The USDA estimated U.S. soybean stocks at 138 million bushels, vs. 111 million expected.
The USDA pegged U.S. corn stocks at 1.674 billion bushels vs. 1.719 billion expected
The USDA estimates wheat stocks at 2.215 billion bushels compared to the average analyst’s estimate of 2.132 billion bushels.
9/28/09 The U.S. Grains Council sees smaller Chinese corn crop than USDA due to this year's drought. Based on the survey they estimate 2009 Chinese production down 9.7% YoY
9/3/09 Informa's September guess:
13.010 billion bushels for corn
3.305 billion for beans
corn yield of 162.6 bushels per acre
bean yield of 43.1
In August the USDA estimated:
corn crop at 12.761 billion with a yield of 159.5
bean crop of 3.199 billion with a 41.7 yield.
9/2/09 The shortfall in Russia's grain production due to drought is expected to amount to 13 million tons this year, Agriculture Minister Yelena Skrynnik said.
8/25/09 (Bloomberg) -- India may have to ban corn exports for a second season to boost local supplies as the crop wilts under the driest monsoon in seven years, a lobby group for U.S. producers said.
8/12/09 The USDA's 2009-2010 U.S. ending stocks estimate for:
Corn was raised from 1.550 to 1.621 billion bushels.
Soybeans lowered from 250 to 210 million bushels.
Wheat was raised from 706 to 743 million bushels.
Sugar was reaised from 359,000 to 709,000 tons.
Cotton unchanged at 5.60 million bales.
The USDA's 2009-2010 world ending stocks estimate for:
Corn was raised from 139 to 141 million tons.
Soybeans lowered from 52 to 50 million tons.
Wheat was raised from 181 to 184 million tons.
Cotton was lowered from 58 to 57 million bales.
7/10/09 The USDA's 2009-2010 U.S. ending stocks estimate for:
Corn was raised from 1.09 to 1.55 billion bushels.
Soybeans were raised from 210 to 250 million bushels.
Wheat was raised from 647 to 706 million bushels.
Sugar was lowered from 459,000 to 359,000 tons.
Cotton unchanged at 5.60 million bales.
The USDA's 2009-2010 world ending stocks estimate for:
Corn was raised from 125 to 139 million tons.
Soybeans were raised from 51 to 52 million tons.
Wheat was lowered from 183 to 181 million tons.
Cotton was raised from 57 to 58 million tons.
7/2/09 “More evidence of a developing El Niño event has emerged during the past fortnight, and computer forecasts show there’s very little chance of the development stalling or reversing,” Australia’s Bureau of Meteorology said in a report.
6/30/09 The USDA said:
87.03 million acres of corn were planted – above trade estimates.
77.48 million acres of soybeans were planted -- less than expected.
59.78 million acres of wheat were planted – above trade estimates.
The USDA said June grain stocks for:
Corn were 4.27 billion bushels – modestly above trade estimates.
Soybeans were 597 million bushels, modestly above trade estimates.
Wheat were 667 million bushels.
6/10/09 USDA’s 2009-2010 U.S. ending stocks estimates:
Corn was lowered from 1.145 to 1.090 billion bushels.
Soybeans were lowered from 230 to 210 million bushels.
Wheat was raised from 637 to 647 million bushels.
Sugar was raised from 289,000 to 459,000 tons.
Cotton was unchanged at 5.60 million bales.
USDA’s 2009-2010 world ending stocks estimates:
Corn was lowered from 128 to 125 million tons.
Soybeans were lowered from 52 to 51 million tons.
Wheat was raised from 182 to 183 million tons.
Cotton was lowered from 58 to 57 million tons.
5/22/09 A report on ethanol predicted world demand for ethanol will rise 9.3% per year for five years.
5/18/09 The USDA said:
62% of corn was planted, down from the five-year average of 85%.
25% of soybeans were planted, down from the five-year average of 44%.
50% of spring wheat was planted, down from the five year average of 90%.
42% of cotton was planted, down from the five year average of 53%.
5/12/09 The USDA estimates 2009-2010 U.S. ending stocks of:
Corn at 1.145 billion bushels, down from 1.600 billion bushels in 2008-2009.
Soybeans at 230 million bushels, up from 130 million bushels in 2008-2009.
Wheat at 637 million bushels, down from 669 million bushels in 2008-2009.
Sugar at 289,000 tons, down from 1.192 million tons in 2008-2009.
Cotton at 5.6 million bales, down from 6.8 million bales in 2008-2009.
The USDA estimates 2009-2010 world ending stocks estimate of:
Corn at 128 million tons, down from 140 million tons in 2008-2009.
Soybeans at 52 million tons, up from 43 million tons in 2008-2009.
Wheat at 182 million tons, up from 167 million tons in 2008-2009.
Cotton at 58 million bales, down from 62 million bales in 2008-2009
5/6/09 The USDA estimates that Brazil will produce 28.45 billion liters of ethanol in 2009-2010, up from 26.85 billion liters YoY.
4/17/09 The Environmental Protection Agency is considering increasing the ethanol blend in gasoline from 10% to 15%.
4/14/09 Germany joins France, Austria, Hungary, Greece and Luxembourg in banning the cultivation of GM corn, claiming that Monsanto’s MON 810 is dangerous for the environment.
4/13/09 China, may import corn from the U.S. as prices are now competitive compared with local supplies Chinas National Grain and Oils Information Center said.
4/9/09 The USDA's 2008-2009 U.S. ending stocks estimate for:
Corn was lowered from 1.74 to 1.70 billion bushels.
Soybeans were lowered from 185 to 165 million bushels.
Wheat was reduced from 712 to 696 million bushels.
The USDA's 2008-2009 world ending stocks estimate for:
Corn was reduced from 145 to 143 million tons.
Soybeans were lowered from 50 to 46 million tons.
Wheat was raised from 156 to 158 million tons.
The USDA reduced its guess of Argentina's soybean crop from 43 to 39 million tons
3/31/09 The USDA said March 1st stocks of:
Corn totaled 6.96 billion bushels, up 1% YoY.
Soybeans totaled 1.30 billion bushels, down 9% YoY.
Wheat totaled 1.04 billion bushels, up 46% YoY.
The USDA said, in 2009, U.S. farmers intend to plant:
84.99 million acres of corn, down 1% YoY.
76.02 million acres of soybeans.
58.64 million acres of wheat, down 7% YoY
8.81 million acres of cotton, down 7% YoY.
3/12/09 The China National Grain and Oils Information Center expects the country's output of grains in 2009 to be lower for the first time in six years.
It projects wheat output to be down 1.3% to 111 million metric tons
It projects corn output to be down 1.5% to 163 million tons
It projects soybean output down 3.2% to 15 million tons
3/11/09 The USDA's 2008-2009 U.S. ending stocks estimate for:
Corn was lowered from 1.79 to 1.74 billion bushels.
The USDA's 2008-2009 world ending stocks estimate for:
Corn was raised from 137 to 145 million tons.
2/10/09 The USDA estimates U.S. 2008-2009 ending stocks of:
Corn unchanged at 1.790 billion bushels.
Soybeans lowered from 225 to 210 million bushels.
Wheat unchanged at 655 million bushels.
Sugar was reduced from 1.072 to 1.066 million tons.
Cotton was raised from 6.90 to 7.70 million bales.
The USDA estimates 2008-2009 ending stocks of:
Corn was raised from 136 to 137 million tons.
Soybeans were reduced from 54 to 50 million tons.
Wheat was raised from 148 to 150 million tons.
Cotton was raised from 59 to 62 million tons.
1/11/09 The USDA's 2008-2009 ending stocks estimate for:
Corn was raised from 1.474 to 1.790 million bushels.
Soybeans were raised from 205 to 225 million bushels.
Wheat was increased from 623 to 655 million bushels.
The USDA's 2008-2009 world ending stocks estimate for:
Corn was increased from 124 to 136 million tons.
Soybeans were unchanged at 54 million tons.
Wheat was raised from 147 to 148 million tons.
The USDA said 42.1 million acres of winter wheat were planted last fall, down 9% YoY
Corn fell the exchange limit in Chicago and soybeans and wheat also plummeted on the news.
As of December, the USDA said there were:
10.1 billion bushels of corn stocks, up 2% YoY.
2.28 billion bushels of soybean stocks, down 4% YoY.
1.42 billion bushels of wheat stocks, up 26% YoY.
12/11/2008 The USDA's 2008-2009 U.S. ending stocks estimate for:
Corn was raised from 1.124 to 1.474 million bushels, more than expected.
Soybeans unchanged at 205 million bushels.
Wheat was raised from 603 to 623 million bushels.
The USDA's 2008-2009 world ending stocks estimate for:
Corn was raised from 110 to 124 million tons.
Soybeans unchanged at 54 million tons.
Wheat was raised from 145 to 147 million tons.
12/11/2008 The USDA's 2008-2009 U.S. ending stocks estimate for:
Corn was raised from 1.124 to 1.474 million bushels, more than expected.
Soybeans unchanged at 205 million bushels.
Wheat was raised from 603 to 623 million bushels.

The USDA's 2008-2009 world ending stocks estimate for:
Corn was raised from 110 to 124 million tons.
Soybeans unchanged at 54 million tons.
Wheat was raised from 145 to 147 million tons.
11/10/2008 The USDA's 2008-2009 U.S. ending stocks estimate for:
Corn was increased from 1.088 to 1.124 billion bushels.
Soybeans unchanged at 205 million bushels.
Wheat was increased from 601 to 603 million bushels.
The USDA's 2008-2009 world ending stocks estimate for:
Corn was increased from 106 to 110 million tons.
Soybeans were reduced, from 54.3 to 54.1 million tons.
Wheat was increased from 144 to 145 million tons.
The USDA estimates Brazil’s and Argentina's soybean production up 3%, down from last month's estimate of up 5%.
10/28/08 Because of a computer error the USDA issued new supply and demand estimates for 2008-2009 corn and soybeans.
Corn was reduced from 1.154 to 1.088 billion bushels.
Soybeans were reduced from 220 to 205 million bushels.
9/30/08 The USDA said as of September 1st, stocks of:
Corn totaled 1.624 billion bushels.
Soybeans totaled 205 million bushels.
Wheat totaled 1.857 billion bushels.
9/12/08 The USDA's U.S. 2008-2009 ending stocks estimate for:
Corn was reduced from 1.133 to 1.018 billion bushels.
The USDA's world 2008-2009 ending stocks estimate for:
Corn was reduced from 112 to 110 million tons.
8/12/08 The USDA's 2008-2009 U.S. ending stocks guess for:
Corn was raised from 833 to 1,133 million bushels, more than expected. (Take notice when a bearish report fails to produce its expected results)
Soybeans were reduced from 140 to 135 million bushels.
Wheat was increased from 537 to 574 million bushels.
Sugar was increased from 607,000 to 767,000 short tons.
Cotton was reduced from 5.30 to 4.60 million bales.
The USDA's 2008-2009 world ending stocks guess for:
Corn was raised from 105 to 112 million tons.
Soybeans were increased slightly from 48.9 to 49.3 million tons.
Wheat was increased from 133 to 136 million tons.
Cotton was reduced from 53 to 51 million bales.
8/7/08 The U.S. Environmental Protection Agency denied the request from Texas to reduce the Renewable Fuels Standard this year, saying that they found no evidence that the mandate was causing "severe harm" to the economy.
7/6/08 Argentina's House approved the president's sliding-scale grain and soybean export tax plan Saturday, sending the bill to the Senate for a vote. However, farm groups have warned that a Congressional endorsement of the tax may lead them to go back on strike.
7/3/08 India banned all export of corn to protect domestic supplies.
6/30/08 The USDA estimated 63.46 million acres of 87.33 million acres of corn were planted, down 7% YoY.
USDA quarterly grain stocks report 4.03 billion bushels of corn, up 14% YoY.
6/26/08 The state agricultural secretariat in Parana, Brazil said that recent frosts there have cut corn production by 1.3 million tonnes, or 20%.
The International Grains Council lowered its world production forecast for corn by 7 million tonnes to 756 million tonnes.
6/25/08 Nebraska Cattlemen and Texas Governor Perry are asking the Environmental Protection Agency to reduce the ethanol mandate to 4.5 billion gallons
6/24/08 Stats Canada estimated:
25.1 million acres of wheat were planted, up 16% YoY.
15.8 million acres of canola were planted, up 7% YoY.
2.97 million acres of corn were planted, down 13% YoY.
2.99 million acres of soybeans were planted, up 3% YoY.
6/19/08 A high-ranking member of the feed industry in China warned overnight that it could face an annual corn-deficit of 400 million bushels by 2010, requiring increased imports. Rapidly increased demand for meat in the Chinese diet is fueling the rise in demand for feed grains and protein, suggesting imports of U.S. corn. Some trade sources have suggested that China may need to begin importing U.S. corn as early as this next year... (Arlan Suderman Farm Futures)
6/10/08 The USDA's 2008-2009 U.S. ending stocks estimate for Corn was reduced from 763 to 673 million bushels.
The USDA's 2008-2009 world ending stocks estimate for Corn was increased from 99 to 103 million tons.
5/30/08 The International Grains Council released its latest estimate of world corn production at 763 million tonnes. This is up 1 million tonnes from their earlier estimate, but is down from last year's 777 million because of wet and cold weather in the US.
4/9/08 The USDA's estimate for 2007-2008 world ending stocks of Corn was reduced from 104 to 103 million tons.
The USDA's estimate for 2007-2008 U.S. ending stocks of
Corn was reduced from 1.438 to 1.283 billion bushels.
3/31/08 In 2008 the USDA expects farmers to plant 86.0 million acres of corn, down 8% YoY.
The USDA said, as of March 1st, U.S. stocks of Corn totaled 6.86 billion bushels, up 13% YoY.
2/21/08 The USDA said that its 2008 preliminary planting estimate for:
Corn is 90 million acres, down 4% from the previous year.
2/8/08 The USDA's estimate of 2007-2008 world ending stocks of Corn was raised from 101.3 to 101.9 million tons.
2/8/08 The USDA's estimate of 2007-2008 U.S. ending stocks of Corn unchanged at 1.438 billion bushels.
1/25/08 IGC estimates corn demand at 770 ml tons, and production at 765 ml tons in the 12-month through June.
Argentina lowered it’s corn production estimate to 21 ml tons from 22.
1/17/08 A climatologist at Iowa State University is warning that "La Nina conditions are now posing a significant risk to U.S. corn production in 2008."
12/15/07 The Economist Dec/8/07: the 30m tonnes of extra maize going to ethanol this year amounts to half the fall in the worlds's overall grain stocks.
12/11/07 The current US ethanol capacity is 7.3 billion gallons a year. If the projected new capacity comes on line during 2008, capacity will rise to 13.5 billion gallons a year.
12/6/07 Statistics Canada estimates 2007 corn production at 11.65 million tons, up 30% YoY.
11/27/07 China's National Grain and Oil Trade Center sees a 2007 grain and oilseed supply shortfall of 26 million tons.
11/9/07 The USDA's 2007-20008 U.S. ending stocks estimate of
corn was reduced from 1.997 to 1.897 billion bushels.
The USDA's 2007-2008 world ending stocks estimate of
Corn remained at 110.4 million tons.
10/12/07 The USDA's 2007-2008 U.S. ending stocks estimate of Corn increased from 1.675 to 1.997 billion bushels.
The USDA's 2007-2008 world ending stocks estimate of Corn increased from 105 to 110 million tons.
10/3/07 The U.S. Grain Council estimates China's corn crop at 139 million tons ( 5.5 billion bushels), down 6 million tons from last year.
9/29/07 The USDA said that, on September 1, 2007 Corn stocks totaled 1.30 billion bushels, down 34% YoY.
9/17/07 China plans to restrict fuel made from agricultural products and cut import tariffs to reduce food inflation. Corn demand is expected up 14.5% by 2010, while output is expected to rise 3.5%. China's overall inflation rate in August was a 10-year high of 6.5%. China's food-price inflation however was 18.2%, 34.6% for vegetable oils and 495 percent for meat.
8/26/07 Pro Farmer, estimates 2007 U.S. corn production at 13.109 billion bushels with a yield of 153.47 bushels per acre.
8/10/07 The USDA's 2007-2008 world ending stocks estimate for: Corn fell from 108.4 to 102.2 million tons.
8/10/07 The USDA's 2007-2008 U.S. ending stocks estimate for:Corn rose from 1.502 to 1.516 billion bushels.
8/8/07 The California Air Resources Board mandated that gasoline sold in the state include 10% ethanol by the end of 2009. California consumed 1 billion gallons of ethanol this year and the new rules will likely double that figure.
6/20/07 The USDA estimates  planted acres of Corn at 92.9 million acres, up 19% YoY-- the most since 1944.
The USDA estimates June 1, 2007, Corn stocks totaled 3.53 billion bushels, down 19% YoY
6/26/07 Stats Canada said Canada's farmers planted 3.5 million acres of corn, up 29% from a year ago.
6/11/07 The USDA estimates 2007-2008 U.S. ending stocks of Corn up from 947 to 997 million bushels.
The USDA estimates 2007-2008 world ending stocks of Corn rose to 92 million tons up from 90 million tons.
4/24/07 Canadian farmers intend to plant 3.5 million acres of corn this year, up 26% YoY.
4/10/07 The USDA's 2006-2007 world ending stocks estimate for Corn was increased from 88 to 92 million tons.
The USDA's 2006-2007 U.S. ending stocks estimate for Corn was increased from 752 to 877 million bushels.
3/30/07 The USDA's Prospective Plantings report expects 90.45 million acres of corn planted this spring, up from 78.3 million acres a year ago. (The biggest corn plantings since 1944) (est. 87.98)
The USDA said that on March 1, 07 there were 6.07 billion bushels of corn stocks, down 13% YoY.
3/6/07 At its Outlook Forum, the USDA said they expect 2007-2008 U.S. ending stocks of Corn to fall from 752 to 637 million bushels.
2/9/07 The USDA's world 2006-2007 ending stock estimate for Corn was raised from 86 to 88 million tons.
2/9/07 The USDA's U.S. 2006-2007 ending stock estimate for Corn was unchanged at 752 million bushels.
1/12/07 The USDA's 2006-2007 world ending stocks estimate for Corn was reduced from 93 to 86 million tons. (stocks/usage 11.9%)
1/12/07 The USDA's 2006-2007 U.S. ending stocks estimate for Corn was reduced from 935 to 752 million bushels. (stocks/usage 6%, lowest since 1975)
12/11/06 The USDA's 2006-2007 U.S. ending stocks estimate of Corn was unchanged at 935 million bushels.
The USDA's 2006-2007 world ending stocks estimate of Corn was increased from 90 to 93 million tons.
11/20/06 Will there be enough corn? "There is a collision course on the horizon, but when and how severe it is going to be, I don't know," said Doug Thompson, a corn and soybean grower near Kanawha, in north-central Iowa.
11/2/06 FC Stone estimates the U.S. corn crop at 10.808 billion bushels, and Informa Economics predicted the crop at 10.729 billion bushels. This compares with the USDA’s October estimate of 10.905 billion bushels.
10/12/06 The USDA's 2006-2007 U.S. ending stocks estimate for corn was reduced from 1.220 to .996 billion bushels.
10/12/06 The USDA's 2006-2007 world ending stocks estimate for corn was reduced from 92 to 90 million tons.
9/8/06 The USDA said that U.S. 2005-2006 exports of Corn finished the year up 20% YoY.
8/12/06 The USDA's U.S. 2006-2007 ending stocks estimate for Corn was increased from 1.077 to 1.232 billion bushels.
8/12/06 The USDA's world 2006-2007 ending stocks estimate forCorn was increased from 91 to 93 million tons.
6/30/06 The USDA estimated U.S. planted acres this spring  79.4 million acres of corn, down 3% from a year ago, but up 2% from the March estimate.
6/30/06 The USDA reported U.S. grains stocks as of June 1st 4.36 billion bushels of corn, up 1% from a year ago.
6/19/06 The Chairman of China’s Cereals and Oils Association says China’s growing industrial use of Corn will force the country to import 10 mmt. of Corn by 2010.
6/3/06 Ethanol dazzles Wall Street, White House -- Ethanol production in the United States is growing so quickly that for the first time, farmers expect to sell as much corn this year to ethanol plants as they do overseas.
"It's the most stunning development in agricultural markets today — I can't think of anything else quite like this," says Keith Collins, the U.S. Agriculture Department's chief economist.
The amount of corn used for ethanol, estimated at 2.15 billion bushels this year, would amount to about 20 percent of the nation's entire crop, according to department projections.
Even as ethanol devours corn and pushes prices higher, the president and Congress are calling for even greater ethanol use. Wall Street cannot seem to get enough of ethanol-related investments. Automakers are speeding ethanol-capable vehicles onto the road.
4/10/06 The USDA 2005-2006 U.S. ending stocks estimate forcorn was reduced from 2.351 to 2.301 billion bushels.
The USDA's 2005-2006 world ending stocks estimate for corn was reduced from 130 to 129 million tons.
3/31/06 The USDA's 2006-2007 planting estimate forCorn is 78.0 million acres, down 5% YoY -- less than expected.
As of March 1st, U.S. grain stocks of Corn totaled 6.99 billion bushels, up 3% YoY.
3/10/06 The USDA's 2005-2006 U.S. ending stocks estimate for corn was lowered from 2.401 to 2.351 billion bushels.
1/26/06 Can farms yield fuel and feed the world? Some experts scoff at the idea of corn shortages, but others say it is possible, at least to some degree. Wendy Wintersteen, dean of the College of Agriculture at Iowa State University, said that possibly as early as this summer, "we will have areas of the state we would call corn-deficient," because there will not be enough for livestock feed as well as ethanol plants.
1/12/06 The USDA's 2005-2006 U.S. ending stocks estimate for Corn was increased from 2.419 to 2.426 billion bushels.
12/9/05 The USDA's 2005-2006 world ending stocks estimate for Corn was increased from 114 to 119 million tons.
12/9/05 The USDA's 2005-2006 U.S. ending stocks estimate for Corn was increased from 2.319 to 2.419 billion bushels.
11/10/05 The USDA's 2005-2006 U.S. ending stocks estimate for
Corn increased from 2.220 to 2.319 billion bushels.
10/12/05 USDA's 2005-2006 U.S. ending stocks estimates for Corn was increased from 2.079 to 2.220 billion bushels.
10/12/05 Today’s USDA production estimates for Corn was increased from 10.639 to 10.857 billion bushels
09/12/05 The USDA's 2005-2006 U.S. crop estimate for
Corn was increased from 10.350 to 10.639 billion bushels.
09/12/05 The USDA's 2005-2006 U.S. ending stocks estimate for
Corn was increased from 1.900 to 2.079 billion bushels.
7/12/05 The USDA's 2005-2006 U.S. ending stocks estimate for
Corn was reduced from 2.54 to 2.24 billion bushels.
The USDA's 2005-2006 world ending stocks estimate for
Corn was reduced from 121 to 114 million tons.
06/10/05 The USDA's U.S. ending stocks estimate for
Corn remained at 2.540 billion bushels. The USDA's world ending stocks estimate for Corn was reduced from 122 to 121 million tons.
06/06/05 The Senate Energy and Natural Resources Committee approved its portion of energy legislation that would increase the use of biofuels such as biodiesel and ethanol.
05/12/05 The USDA's 2005-2006 world ending stocks estimate for Corn is 122 million tons, down from 129 million tons in 2004-2005.
05/12/05 The USDA's 2005-2006 U.S. ending stocks estimate for corn is 2.540 billion bushels, up from 2.214 billion bushels in 2004-2005.
04/27/05 The USDA report showed that 30% of the U.S. corn crop has  been planted, more than was expected.
04/26/05 If you’re worried about the recent European Union ban on imports of grain from the US you can now breathe a sigh of relief. Tests of Syngenta animal feed and grains imported into the European Union have shown the products to be free of a genetically modified (GMO) strain of maize blocked by the EU, the company said on Tuesday.
U.S. exporters send 3.5 million tonnes of corn gluten feed to Europe each year, a trade worth some 350 million euros ($449 million).
04/26/05 The Renewable Fuels Association said that the U.S. produced 245,000 barrels of ethanol per day in February, a new record high.
04/25/05 The USDA said  that  30% of the corn crop has been planted.
These days, however, ethanol-makers are getting creamed. Even as oil prices hover around $50 a barrel, ethanol has plunged by at least one-fourth since January. For the first time in memory, a gallon of ethanol at wholesale is going for a dollar less than a gallon of gas at the pump.
04/14/05 Informa Economics, a private analytical firm, is said to estimate U.S. cornproduction at 10.721 billion bushels. This compares to USDA's April productionestimate of 11.807 billion. Export sales from the U.S. Department of Agriculture for corn were 915,600 metric tons for 2004-05. This is above trade estimates of 650,000 to 850,000 metric tons.
04/12/05 Thirty-three U.S. governors are seeking to expand federal mandates for the use of ethanol as a fuel additive, the Wall Street Journal reported Tuesday. Also Chinese officials are visiting Brazil this week in search of knowledge on how to introduce ethanol as an additive into gasoline fuel.  
03/10/05 The USDA's 2004-2005 U.S. ending stocks estimate for
Corn was increased from 2.010 to 2.055 billion bushels.
The USDA's 2004-2005 world ending stocks estimate for
Corn was increased from 117 to 122 million tons.
02/17/05 Compared to one year ago, U.S. exports for Corn remained at +4%.
02/14/05 24 weeks into the 2004-05 marketing year, U.S. corn inspections are running 6.1% behind last year's pace.
02/09/05 The USDA's 2004-2005 U.S. ending stocks estimate for
Corn was increased from 1.96 to 2.01 billion bushels. And the USDA's 2004-2005 world ending stocks estimate for Corn was increased from 115 to 117.3 million tons.
01/12/05 The USDA's 2004-2005 U.S. ending stocks estimate for
Corn was increased 116 million bushels to 1.960 billion bushels.
The USDA's 2004-2005 world ending stocks estimate for
Corn was increased 3 million tons to 115 million tons.
12/10/04 The USDA's 2004-2005 U.S. ending stocks estimate for
Corn was increased 25 million bushels to 1.844 billion bushels.
The USDA's 2004-2005 world ending stocks estimate for
Corn was increased 3 million tons to 112 million tons. The Report Lacks Surprises
11/12/04 The USDA's U.S. 2004-2005 production estimate for
Corn was increased from 11.613 to 11.741 billion bushels,
and the  USDA's U.S. 2004-2005 ending stocks estimate for
Corn was increased by 128 million bushels to 1.819 billion bushels
10/11/04 The USDA's world 2004-2005 ending stocks estimates for Corn increased from 88 to 101 million tons.
10/11/04 The U.S. 2004-2005 production estimate for Corn was increased from 10.961 to a record high 11.613 billion bushels.
10/11/04 The USDA's U.S. 2004-2005 ending stocks estimates for Corn were increased 482 million bushels to 1.691 billion bushels.
10/07/04 Compared to one year ago, U.S. 2004-2005 exports for Corn improved from -13% to even with a year ago.
09/12/04 The USDA estimates of 2004-2005 world ending stocks for Corn were increased 2 million tons to 88 million tons.
09/10/04 The USDA estimates of 2004-2005 U.S. ending stocks for Corn were increased 77 million bushels to 1.209 billion bushels.
07/12/04 The USDA's 2004-2005 estimate of world ending stocks for
Corn were increased 7 million tons to 76 million tons.
07/12/04 The USDA's 2004-2005 U.S. production estimate for
Corn is 10.635 billion bushels, a new record high.
07/12/04 The USDA's 2004-2005 estimates of U.S. ending stocks for
Corn were increased 250 million bushels to 991 million bushels.
06/30/04 The USDA pegged 2004 corn acreage at 80.968 million acres, up 1.96 million acres from its March planting intentions figure of 79.0 million. This is a 3% increase from 2003. The USDA estimated harvested acres will total 73.4 million.
06/10/04 The USDA's 2004-2005 world ending stocks estimates for Corn were increased 2 million tons to 69 million tons. U.S. ending stocks estimates for Corn were unchanged at 741 million bushels.
04/08/04 The USDA pegged U.S. 2003/04 (old-crop) corn ending stocks at 856 million bushels, down from USDA's March forecast for 901 million
03/31/04 USDA's planting estimates for Corn are 79.0 million acres, up 0.3% from a year ago.
03/31/04 As of March 1st, the USDA reported Corn stocks at 5.27 billion bushels, up 3% from a year ago.
02/10/04 The USDA's 2003-2004 ending stocks estimate for
Corn was reduced by 80 million bushels to 901 million bushels.