Resistance & a price plateau for now, more gains later - American farmers demonstrate their market power as grains and oilseeds battle for planted acreage
It feels like 2007 all over again, with high demand, small harvests and lots of newly printed money floating around - except this time, corn appears ready to take planted acreage from soy. The world is one Argentine harvest short of corn and the supply pressure will soon spread to soy.
