Corn Stocks Plunge as China Adds Brazil-Sized Crop to Usage

Corn Stocks Plunge as China Adds Brazil-Sized Crop to Usage

Patrick Fallon/Bloomberg

Global production will rise 5.6 percent to 866.2 million metric tons in 2011-2012, still too little to meet demand of 871.7 million tons, according to the USDA, which combines variable local marketing years for its estimates.