Global corn scenario by Way2Wealth

Highlights: Amid tighter S/D balance, stronger than expected demand (feed and food) led global as well as domestic corn/maize price to jump northward. Below are the key highlights that force both global and domestic corn prices to move further northward.

- Current weather conditions at US, China and Latin America - Lower yields

- Strong revival & continuation in consumption (both food & feed)

- Overall Cereal S/D remain tighter despite weaker consumption in 2009

- Amid higher stock, Indian S/C ratio tightening - strong consumption

Source : Equity Bulls

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