date:Nov 14, 2012
r the trend value of 43.8 bushels, the 2013 crop would reach 3.34 billion bushels, near the record levels of 2009 and 2010. A combination of record, or near record South American and US crops in 2013 would likely push prices down to or below the long term averages of about $4.75 for corn and $11.00 for soybeans.
While the expectation for lower corn and soybean prices in 2013 is reasonable based on historical patterns and prospects for large crops, the timing and speed of the return to more norm