Corn price pressured by record US harvest
The United States will be harvesting a record amount of corn this year – putting the corn price under pressure. The US Department of Agriculture (USDA) expects US corn growers to receive an average of $ 3.10 per bushel (€ 103 per ton) for the 2020 harvest. That’s the lowest price in the US in 14 years. The USDA released its monthly Wasde-forecast on Wednesday evening, summarising production and consumption of key agricultural commodities. Initially, corn prices dropped on the Chic
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Marieke
Ploegmakers
Matthew
Wedzerai
Treena
Hein
