date:Jan 07, 2013
prices will be coming down, he said.
On the back of very strong grain prices in 2012, the United States had planted a record corn area and South America a substantial corn area. But weather risks were looming.
The US had that incredible dry spell and drought that devastated crops in 2012 and those conditions haven't completely finished, he said.
Soil moisture is critically dry in the US. They're hoping there will be a huge amount of snow in the winter, so in the spring there's some subsoi