If you are a speculator, or a hedger, you can agree or disagree if
U.S. farmers are growing the biggest and best corn and soybeans crops of
all time. The truth be told, commodity markets have a buyer for every
seller and a seller for every buyer. Every week the Commitment of
Traders reports show in each category there isn't total agreement.
However,
since December corn made a high at $5.14¾ /bushel and November soybeans
were as high as $12.79/bushel in May, now there seems to be a consensus
that grain producers that are not price protected could have a tough
time making ends meet in 2015 and they will need to sell a greater
percentage of their harvest to make the same amount of cash as they did a
year ago. (more)
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