Big yield downgrade in grains combined with the widening shortfall in rain during India’s monsoon season could put enormous upward pressure on corn and grains.
I wrote how Hungry Hogs Lift Corn Prices last year for Barron’s.
Don’t forget, china needs corn to feed its hogs and they import upwards of 4 x their needs. Holy cow!!!
Corn deterioration heralds ‘huge yield downgrade’