2013 commodity outlook
date:Jan 06, 2013
at may lie ahead for 2013.

Old crop corn futures ended 2011 near $6.50 a bu compared with March through July 2013 futures around $6.90 a bu last week, up about 6% for the year but well below record highs near $8.50 a bu set in August as the impact of the summer drought became better realized. High corn prices crimped demand, especially export sales, which for the marketing year to date in mid-December 2012 were lagging the same period in 2011 by 48%.

A bit eerily, perhaps, prognosticators are
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