date:Dec 02, 2013
/4 set on Nov. 19. Futures are down about 40 percent this year.
Season-low prices are typically set at harvest, after which values creep higher. But some analysts fear prices could stay at these low levels for months.
If we get good crops, we're going to have way lower (market) prices and ... then you're looking at huge outlays, agricultural economist Bruce Babcock of Iowa State University told Reuters. To me, that is the more interesting result of ratcheting up these subsidies.
From the Agri