Remember late Spring, when tight supplies, poor U.S. planting conditions, and flooding in China...

|By:, SA News Editor

Remember late Spring, when tight supplies, poor U.S. planting conditions, and flooding in China were going to send corn - then at an all-time high near $8/bushel - even higher? A good growing season, as well as a bit of demand destruction due to this thing called substitution has sent prices tumbling, now at a 1 year low of $5.95/bushel.