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2013 Beans-to-Corn Ratio Only Slightly Above 2012

2013-02-22 21:26:00| Corn & Soybean Digest

Despite market volatility that can easily see corn and soybean prices swing 30-60 a day, Februarys projected 2013 soybean-to-corn price ratio is only slightly higher than for 2012. Gary Schnitkey, University of Illinois economist, says based on futures settlement prices the first half of February, the projected price for corn will be $5.73/bu. The soybean price is pegged at $13.01/bu. That equates to a soybean-to-corn price ratio of 2.27 ($13.01 / $5.73). read more

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