Got a News Tip for NaturalNews? Send us your news tip, and we'll investigate!

US corn, soy prices hit records as drought lingers

Posted: August 21, 2012 |   Comments

AFP - US corn and soybean prices closed at new record highs Tuesday as a new survey showed worse-than-expected crop damage from a brutal drought across the country's central breadbasket.

The price of corn jumped 1.7 percent to $8.3875 a bushel, while soybeans finished at $17.3025 a bushel, up 2.8 percent from Tuesday.

That left the corn price up 68 percent from June and soybeans 39 percent higher.

Read full story here:

Have a Comment? Share it...

comments powered by Disqus