Steel Products
February 13, 2013
Excess Corn Crop = More Grain Bin Demand
Written by John Packard
SMU noticed the USDA boosted its forecast for domestic supplies of corn this past week. The USDA estimated stockpiles will total 632 million bushels before this year’s harvest. This is a 5 percent increase over the forecast provided by the USDA last month.
We wanted to know how this would affect the steel industry and questioned one of our grain and feed bin sources who provided us with the following information:
