In aftermath of drought, U.S. corn movement turns upside down

Posted by Reuters: Julie Ingwersen on October 29th, 2012
Reuters: The devastating U.S. drought and ensuing crop disease are upending traditional grain movement patterns, with dozens of trains and barges shipping North Dakota or Mississippi corn into the Corn Belt rather than out to the coasts. Processors and ethanol producers in No. 2 corn state Illinois, where the average corn yield was the lowest in nearly 25 years, are "importing" millions of bushels of the grain - an unprecedented volume - from North Dakota, which produced a record crop this year, trade......

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