Tag Archive for Drought

Hedge funds hurt by drop in corn, wheat prices, but the decline may be short-lived- Sober Look

This is a syndicated repost courtesy of Sober Look. To view original, click here. Reposted with permission. Agricultural commodities got slammed last week as a result of two news items. 1. Corn planting acreage is expected to hit the highest level since 1936. With supplies low and prices expected to stay firm, farmers are planning…

Drought To Slow Economy & Cause Inflation – Chriss W. Street

Despite the hammering from a late spring storm that blanketed much of the Mid-West and East Coast with 4 to 8 inches of snow, the National Oceanic and Atmospheric Administration [official name of the weatherman] just predicted that the 2nd worst drought since the Great Depression will continue to lay waste to wheat and corn…