Corn Hits New Low, Larger Yield Expected (CORN)
July 01, 2013 at 12:50 PM EDT
Corn hit its lowest price level since October 2010 on Monday, according to Bloomberg . The slide was likely inevitable, given the fact that U.S. farmers planted a record 97.4 million acres this spring, the highest total since 1936, according to the U.S. Department of Agriculture in a report released