Friday, March 21, 2014

DON'T DOUBT THE DROUGHT



The Ukraine is the sixth largest grain exporter in the world. At least that is what the market expected for this year. But given the current turmoil there now that remains to be seen.
But that's not the only possible headwind grains may face; dry weather in the Midwest, lower crop yields forecast for soybeans in Brazil might be just the tip of what could be much higher prices. Corn, beans and wheat prices are already up.

So don't doubt the drought

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