date:Aug 25, 2014
e slump.
Bigger Yields
Corn on the Chicago Board of Trade has tumbled 21 per cent since the end of May to $3.695 a bushel today, and soybeans are down 30 per cent to $10.435 a bushel. The Bloomberg Commodity Index slid 6.1 per cent over the same period, while the MSCI All-Country World Index of equities rose 1.8 per cent. The Bloomberg Treasury Index gained about 0.6 per cent.
Samples in Illinois, Ohio, Indiana and Iowa -- representing 45 per cent of forecast US corn output and 41 per cent of