Alto Ingredients Inc (ALTO)

[kel3]

Global Corn Stocks Higher but Prices Lower

USDA’s December World Agricultural Supply and Demand Estimates held some surprises for corn

http://www.agweb.com/article/global_corn_stocks_higher_but_prices_lower/

USDA raised world corn production 9.4 million tons

"Corn exports have been terrible," says Gartner


"The quality of our corn is suspect, and there have been complaints out of Southeast Asia." Southeast Asian nations, some of which are key buyers of U.S. corn, have been particularly concerned about aflatoxin levels, she says.

"Getting the corn to the Gulf is also an issue," says Gartner. Low water levels in the Mississippi River

river traffic could come to a halt if conditions don’t improve.