Surging grain inventories - and a slump in wheat demand - are driving a plunge in futures. The...

|By:, SA News Editor
Surging grain inventories - and a slump in wheat demand - are driving a plunge in futures. The latest USDA report shows record corn and soybean crops that largely avoided cold-weather damage, and wheat stockpiles that rose 24%. Currently: Corn futures -7.1%. Soybeans -3.7%. Wheat -8%.