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Early Focus on the Prospective Size of 2013 US Corn Crop
2013-01-23 01:00:00| ThePigSite - Industry News
US - The drought reduced US corn crop of 2012 suggested that corn prices might behave in a pattern generally described as "short crops have long tails." The phrase depicts the expectation of rapidly rising prices that peak near harvest time, decline in an unspecified pattern over the next several months, and return to pre-drought levels as early as the following marketing year. The decline in prices is expected as a result of a slowdown in consumption and a return to normal production, writes Darrel Good.
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Category:Agriculture and Forestry
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