date:Feb 12, 2014
million tonnes but cut its Argentine crop view by 500,000 tonnes. Corn export premiums at the Gulf were mostly steady to firm, supported by persistent strong demand.
USDA raised its 2013/14 US corn export forecast by 150 million bushels on Monday and cut ending stocks by that same amount. Japan is still in the market for corn shipped from March through June after making heavy springtime purchases in recent weeks, a trader said. Egypt and Mexico were also in the market for April through June.