Corn Rallies on Short Covering, Technicals

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Stratfor reports that the current drop in food prices is likely to be temporary, because falling prices and the credit crunch will reduce supply next growing cycle. The article confirms something we’ve been discussing here at length – the trends which originally brought about the supply/demand imbalance in the grains markets are still firmly in […]

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Article in today’s Daily Wealth about how the bull market in commodities is hurting the fortunes of food companies. Summary: Gov’t mandates for corn-based ethanol have driven up all grain prices For the forseeable future, consumers will pay more for food The stock prices of food producers have been hammered, as they struggle to deal […]

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