date:Aug 10, 2012
o be swimming in corn by the end of the year, said Kelly Wiesbrock, who helps manage $1.3 billion of assets for Harvest Capital Strategies, a San Francisco-based hedge fund. Then the month of June hit and into July, and its just been a train wreck.
Wheat gained 40 per cent to $9.135 a bushel this year on the Chicago Board of Trade, soybean appreciated 31 per cent to $15.8125, and corn rose 26 per cent to $8.165. They were the biggest advances in the Standard Poors GSCI Spot Index of 24 raw mat