25 Nov After years of crop crises, U.S. harvest beckons new era of plenty… almost
Posted at 16:24h
For much of the past six years, the global grain markets have lurched from one crop crisis to the next, keeping inventories low and food prices high.
Now, as harvest machines across the U.S. Midwest prepare to reap the nation’s biggest corn crop in history, a sea change seems imminent, one that could transform the market. No longer will a constant a fear of scarcity drive prices. Instead, traders be battling for market share instead of scrambling for supplies.