At least one prognosticator is suggesting that “due to an unusual confluence of factors” the price of corn could double to $8 per bushel in the next few years. In the April 9, 2018, issue of Barron’s, Simon Constable says these factors include “declining output, an ethanol-led demand surge in China and likely brutal weather.” (Corn Prices as High as an Elephant’s Eye?)
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.