In  hindsight,  it  now  appears  that  a  major  bear  market  in   corn  began  in  August  and  is  now  gathering  speed  with  the   combination  of  a  good  harvest  in  South  America,  lots  of  snow   and  rain  in  Iowa,  and  a  surprise  quarterly  stock  report  by  the   USDA.  The  price  of  grain  is  heading  down.
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For the last five years, the world poultry industry has been slowed by high grain prices. For the last three years, corn prices reached a new record high average price each year. It was not just grain. Commodities of all kinds, including most notably oil, reached and sustained record high levels. Is there no end to this cost of inputs pain?
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