MARKETS NEWS
Newsom on the Market
Darin Newsom DTN Senior Analyst
Tue May 21, 2013 03:02 PM CDT

Back in March 2011, I wrote a column titled "Adequate," discussing the normal stance of OPEC in response to public hue and cry over high gas prices when crude oil supplies were thought to be tight. My argument was U.S. farmers should take that same stance in regard to corn, another key global commodity, when it comes to planting decisions.

However, as the years since then have shown, rather than stabilize, planted acreage across the U.S. Corn Belt has continued to expand. The result, at least for now, is the possibility of a market collapse along the line of what ...

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