Analyst Predicts Corn Rationing in 2008

[ensho]

http://www.chron.com/disp/story.mpl/ap/fn/5662307.html


A BB&T Capital Markets analyst said Monday corn rationing may be necessary this year, following a U.S. Department of Agriculture report predicting farmers would plant far fewer acres of corn in 2008.

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"That is an untenable inventory demand, in our opinion," she said. "Consequently, we believe demand must be rationed or there needs to be a big supply response from other growing regions of the world."

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Shares of Tyson Foods Inc., one of the world's largest meat companies, fell 12 cents to $16.01 in afternoon trading, while shares of pork producer Smithfield Foods Inc. dropped 39 cents to $25.57.

Chicken producer Pilgrim's Pride Corp. shares dipped 19 cents to $20.28. Earlier in the day, the stock reached a new four-year low of $20.08.


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in the end, weather's hand will win

[TlalocW]

1. Does corn really do anything good for you when you eat it?

Not to be gross, but it looks like it completely passes through me.

TlalocW

[Taverner]

2. Nutritionally, it's a step down from white rice

Meaning, its mostly sugar

The fiber in it you can't digest anyway - so other than tasting good, its pretty much a wash.

[ensho]

3. corn meal is widely used

nt