Corn rally may crack livestock farmers first - CF

Livestock farmers may be the first to crack from high corn prices, CF Industries said, as it added its voice to observers predicting US corn sowings of 92m acres this year. The fertilizer group forecast that a three-year run of rising US corn consumption would end in 2011-12 at a little over 13bn bushels, constrained by high prices, supported by tight supplies. The stocks-to-use ratio of 5% for

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