Demand For Corn Outstrips Supply, Hikes Prices Corn prices have been rising, and a report from Bloomberg says global corn stockpiles are down to lows not seen since 1974. Despite good harvests, consumers around the world are demanding more corn for food, fuel and to feed livestock. Worries about supply are also driving up prices, prompting traders to pay more.
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Demand For Corn Outstrips Supply, Hikes Prices

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Demand For Corn Outstrips Supply, Hikes Prices

Demand For Corn Outstrips Supply, Hikes Prices

Demand For Corn Outstrips Supply, Hikes Prices

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  • <iframe src="https://www.npr.org/player/embed/137313478/137313497" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Corn prices have been rising, and a report from Bloomberg says global corn stockpiles are down to lows not seen since 1974. Despite good harvests, consumers around the world are demanding more corn for food, fuel and to feed livestock. Worries about supply are also driving up prices, prompting traders to pay more.

RENEE MONTAGNE, Host:

NPR's business news starts with higher corn prices.

(SOUNDBITE OF MUSIC)

MONTAGNE: The Wall Street Journal quotes one farmer who's holding off on selling his corn in the hopes that prices will rise even higher.

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