Sam Ro | Jul. 19, 2012, 6:33 AM
Read more: http://www.businessinsider.com/corn-prices-2012-7#ixzz21OF3hENG
Read more: http://www.businessinsider.com/corn-prices-2012-7#ixzz21OF3hENG
Corn prices are now north of $8.10/bushel, a new record
high.
This is above the previous record of $7.99 in July 2011.
A historic
drought has caused corn crop yields to shrink and prices to explode
higher.
Some form of corn or refined corn goes into
countless types of goods. Eventually, this could hit producer and
consumer prices
[…]
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