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Corn Prices Set New Record

10 June 2008 290 views No CommentPrint This Post Print This Post Email This Post Email This Post
Photo courtesy r-zand licensed by Creative Commons.

The spin in this article is easy to spot.  New record prices for corn are caused by midwest rain, rising oil costs and a falling dollar.  Six paragraphs into the article there is a mention of a push to grow corn for ethanol.  Regardless, corn prices are up to $6.73 per bushel and soy, wheat and rice are all up as well.

Read More: www.bloomberg.com

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Tags: soy, corn, Ice, news, wheat
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