2005 corn harvest projections tenuous

Aug 1, 2005
— Weather improvement needed. — Yields of 130 bushels could create $3 corn. Recent slides in feeder cattle prices have been more the result of domestic market fundamentals than a heavy influx of cattle coming in from Canada, according to several market analysts. One of the primary domestic market indicators pressuring prices lately has been forecasts for higher corn prices. During mid-July, USDA commodity reporters forecasted that this year’s ...

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