01/03/2017Broiler Economics: Lower Grain Prices Likely, Dec. 2016
Corn prices are likely to remain weak in the next few months after the recent bumper crop in the US. Cash-short farmers are likely to market more grain than usual at the beginning of next year. As a result, corn can be expected to remain weak for months as the old crop is cleared out of the bins. Thanks to robust exports, soybean prices are less likely to fall in the next few months.
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