Wednesday, December 30, 2020

Barron's: Corn Crops Are Unlikely to Be Bountiful, So Expect Higher Prices

 By SIMON CONSTABLE

A drop in corn production will result in reduced supplies of the grain, propelling prices higher over the next few months, experts say.

U.S. corn inventory at the end of the 2020-21 growing season will be 1.3 billion bushels, far lower than the 1.7-billion-bushel level expected by the U.S. Department of Agriculture, says Shawn Hackett, president of Hackett Financial Advisors. Read more here.

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