CROPS NEWS
Fundamentally Speaking
Wed Jun 11, 2014 10:43 AM CDT

End-users of corn certainly have to be pleased with the early prognosis of the 2014 U.S. crop as veteran crop scouts, albeit early, see this is one of the best developing in recent memory.

Even though the USDA has set the bar very high with their initial yield forecasts, coming in at a record 165.3 bushels per acre (bpa), the historically high early season crop ratings suggest this is very doable.

If this is the case then prices should head lower, perhaps significantly, so the question then becomes how low will values sink and ...

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