date:Feb 20, 2013
he year may mean that higher prices will not be required to ration remaining supplies.
Beyond the next two months, prospects for the 2013 US crop will become an increasingly important price factor. Production prospects will begin with the USDAs 28 March Prospective Plantings report. Expectations about planted acreage will likely be in a wide range, but it seems reasonable to expect acreage near that of last year. A return to near trend yields, then, would result in a larger crop and lower pric