USA - Corn, wheat, and soybean prices projected to remain historically high
http://www.ers.usda.gov/Publications/OCE101/OCE101.pdf
23-Feb-2010 (16 years 3 months 16 days ago)According to USDA Agricultural Projections to 2019, global economic recovery with steady growth provides an improved foundation for demand for crops over the next several years and through the remainder of the projection period to 2019.
Although growth in corn-based ethanol production in the United States is projected to slow, the large expansion in recent years keeps this use of corn high. In combination, these factors support longer run increases in global consumption and trade, with prices for many crops remaining at
historically high levels.
Although growth in corn-based ethanol production in the United States is projected to slow, the large expansion in recent years keeps this use of corn high. In combination, these factors support longer run increases in global consumption and trade, with prices for many crops remaining at
historically high levels.