date:Jul 08, 2014
the harvest starts. In separate reports, Goldman Sachs Group Inc. said June 23 that prices will drop to $4 in six months, while Rabobank International said July 1 the grain will average $4.07 in the fourth quarter. Dan Basse, the president of AgResources Co. in Chicago, predicted a drop as low as $3.50.
As of June 29, 75 per cent of the crop was in good or excellent condition, compared with 67 per cent a year earlier and the highest at this stage of development since 2003, the U.S. Department o