date:Jan 17, 2013
igher. But some economists are forecasting a swing to lower corn prices this spring and summer.
On Friday, the USDA forecast the average price of corn for 2013 would be $7.40, a figure Darrel Good, economist with University of Illinois, thinks is too high, I dont see any way we average $7.40 for the year. I think $7 is what we are going to average for the price of corn. Good says that this summer corn stocks will be tight but, with the likelihood of a big corn crop, corn prices will fall, I th