Are Corn Prices Set To Rebound In 2017? Snippet
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Posted On: 01/04/2017 10:46:48 AM
Are Corn Prices Set To Rebound In 2017?
Snippet: And nice charts in link
Summary
Demand for corn is at record levels, thanks to prices entering their 5th year in a bear market.
Acreage across the globe, and particularly in the US is being switched from corn to soybeans due to input costs and overall profitably per acre.
The US has experienced 4 record corn crop years in a row, a trend which most certainly will not continue.
http://seekingalpha.com/article/4034190-corn-...0d703c47cc
chart of CORN fund>>>
http://stockcharts.com/h-sc/ui?s=CORN&p=D...1961504081
Snippet: And nice charts in link
Summary
Demand for corn is at record levels, thanks to prices entering their 5th year in a bear market.
Acreage across the globe, and particularly in the US is being switched from corn to soybeans due to input costs and overall profitably per acre.
The US has experienced 4 record corn crop years in a row, a trend which most certainly will not continue.
http://seekingalpha.com/article/4034190-corn-...0d703c47cc
chart of CORN fund>>>
http://stockcharts.com/h-sc/ui?s=CORN&p=D...1961504081
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