Corn and Cotton Prices Plunge Following USDA Crop Outlook

corn

(May 10 2012) Exclusive to GEOnomic Investing The United States Department of Agriculture released its monthly supply-demand report for major crops today, and the corn and cotton reports came as a shock to analysts and sent prices on a downward spiral. The USDA  unexpectedly raised its forecast for near-term corn supplies, and projected a record corn [...]