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Corn is transferred from one grain cart to another during harvest outside Malden, Ill. Analysts estimate U.S. inventories are 34 percent more than a year earlier, according to a Bloomberg survey. (Bloomberg News photo by Daniel Acker).

Corn pile biggest since 1994; record crop overwhelms use

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By Jeff Wilson

 

Bloomberg News

 

 CHICAGO — Stockpiles of corn in the United States, the world’s top grower, are rising at the fastest pace in 19 years as a record crop overwhelms increased demand for the grain used to make livestock feed and ethanol.

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