date:Jan 25, 2013
ads to a large crop, prices for both corn and soybeans will drop, he said. Depending on how big the crop is, corn prices could drop into the low $4s and possibly the upper as $3s per bushel, and soybeans could drop $2-3 per bushel.
Dr Reinbott also advised keeping an eye on South America's corn crop. Both Argentina and Brazil now look to have a good crop rebounding from last year's poor harvest, but that could change.
If it turns dry the second half of the season, that could drop significant