United States Agribusiness Report Q4 2012 - New Market Research Report
US corn and soybean production is expected to fall significantly by the end of the harvest in October owing to the country's worst drought in more than 50 years. This is likely to result in prices for those crops reaching record highs. The wheat crop was largely spared, although we expect production to moderate due to lower yields next year. High corn prices also led to a reduction in output growth for animal and ethanol products, leading us to revise...
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