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Corn prices following generally expected pattern Story Date: 8/7/2013
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Source: SOUTHEAST FARM PRESS, 8/6/13
The drought-reduced U.S. corn crop of 2012 created expectations that corn prices would follow a “short crop, long tail” price pattern characterized by a price peak early in the marketing year followed by an unpredictable pattern of declining prices and a return to pre-drought price levels, said University of Illinois agricultural economist Darrel Good.
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