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Grains Drifting But Not Falling A Happy Thanksgiving Harvest In 2016
Grains Drifting But Not Falling - A Happy Thanksgiving Harvest In 2016
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Nov 23, 2016 at 12:10 PM CST
http://seekingalpha.com/article/4025813-grains-drifting-falling-happy-thanksgiving-harvest-2016
2016 turned out to be the fourth straight year of bumper crops in the United States. In 2012, the world's largest producer and exporter of corn and soybeans and a primary exporter of wheat suffered from a drought that lifted prices to all-time highs in corn and beans and almost $9.50 per bushel in wheat. However, over the following four years, the weather conditions turned out to be ideal for crops and prices fell dramatically.