Bulls Still In Corntrol!

Bulls still in Corntrol! Corn futures bucked the trend of lower grain prices this morning, as the USDA once again lowered U.S. 2006-07 Corn ending stocks. Today's reports had 2006-07 ending stocks at 1.077 billion bushels, slightly lower than June's estimate of 1.091 billion bushels. The drop came despite an increase in production estimates to 10.740 bullion bushels. Higher demand was the reason for the decrease in ending stocks, as increase in exports and feed usage should overcome increased supplies. Read More....