From the November 01, 2012 issue of Futures Magazine • Subscribe!

Grains outlook: After the big drought

“I wouldn’t be surprised for them to use some creative accounting to raise planted acres and not change harvested acres too much, so they will have what they call pipeline carryover. But the corn crop is short, and I mean really short,” Crouch says. The complete scope of the drought’s impact on grains is not likely to become clear before supply and demand reports are issued in January, he says (see “Bad numbers,” below).

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