Wednesday, January 12, 2011

Soybeans and Corn prices the Highest in 2 1/2 years 

to read full yahoo finance article paste above URL. See quote below. or click  "output sends prices surging" below.

Lower corn and soybean output sends prices surging

Related Quotes

Chart for Hormel Foods Corporation Common
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, On Wednesday January 12, 2011, 5:35 pm EST
DES MOINES, Iowa (AP) -- A surprising drop in the U.S. corn and soybean crop sent grain prices surging to their highest levels in 2 1/2 years Wednesday. The price increases stoked concerns about higher
food prices and tighter supplies of feedstock for food and biofuels. end quote.

This is bad news for cultures who depend upon soybeans and corn as a staple worldwide.

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