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Corn Prices Continue Long Retreat

2013-10-14 21:00:00| National Hog Farmer

Source: University of Illinois   Retreating corn prices have declined to their lowest level since August 2010, according to a University of Illinois agricultural economist. The most recent price weakness reflects both supply and demand considerations, says University of Illinois agricultural economist Darrel Good. “On the supply side, ongoing reports of yields that exceed expectations in many areas suggest that the next USDA forecast of the U.S. average yield will be at least equal and perhaps exceed the September forecast of 155.3 bushels,” he says. read more

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