With inflation, $4.80 a bushel is the new $4 a bushel for corn

U.S. corn stocks will be relatively abundant in the near term, never dropping below 2 billion bushels at their lowest point, according to forecasters. Ordinarily, large supplies mean low prices, but two agricultural economists say a season-average price of $4.80 a bushel could be the new normal for corn. “Corn prices of $4.80 may appear… » Read More

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