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Traders Predict Low Grain Prices Will Persist

Mar 30, 2017 at 11:13 AM CST
http://www.agweb.com/article/traders-predict-low-grain-prices-will-persist-blmg/

Agriculture traders seem resigned to the idea that low prices are here to stay.

Years of bumper grain harvests, along with low prices and diminished volatility, have made it harder for the top firms to make money buying and selling major crops like wheat, corn and soybeans. Gluts, which have pushed crop prices to near the lowest since 2009, will probably last for a while yet, executives said at the FT Commodities Global Summit in Lausanne, Switzerland.