Expectations for the 2012-13 Corn Marketing Year

US - December 2012 corn futures reached a high of $6.735 on 31 August 2011 declined to a low of $5.23 on 30 March 2012, and are currently trading near $5.40. The steady decline in prices over the past few months reflects, in part, expectations for a large 2012 US corn crop and some re-building of inventories during the year ahead, writes Darrel Good.
calendar icon 24 April 2012
clock icon 2 minute read
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