http://www.chron.com/disp/story.mpl/ap/fn/5662307.htmlA BB&T Capital Markets analyst said Monday corn rationing may be necessary this year, following a U.S. Department of Agriculture report predicting farmers would plant far fewer acres of corn in 2008.
-snip-
"That is an untenable inventory demand, in our opinion," she said. "Consequently, we believe demand must be rationed or there needs to be a big supply response from other growing regions of the world."
-snip-
Shares of Tyson Foods Inc., one of the world's largest meat companies, fell 12 cents to $16.01 in afternoon trading, while shares of pork producer Smithfield Foods Inc. dropped 39 cents to $25.57.
Chicken producer Pilgrim's Pride Corp. shares dipped 19 cents to $20.28. Earlier in the day, the stock reached a new four-year low of $20.08.
--------------------------------------------------------------------------------
in the end, weather's hand will win