08.10.2008 - How low can U.S. grains go?
From Reuters: The sell-off in grains as part of a broader flight of investment money from commodities could continue through year's end due to the expanding credit crisis, with any global recession taking a bite out of demand. U.S. grain prices have likely not bottomed, despite their recent slide, with the U.S. harvest getting into gear, uncertainty over demand for corn from the ethanol sector and a rising dollar that could hurt export competitiveness. But of particular concern to traders in the grain market is the path investment money from investors like index funds will follow..... Full Article: Source
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