US worst drought since 1956 sends soybeans and corn skyrocketing

Thursday, July 19th 2012 - 18:17 UTC

Full article 7 comments

The commodities soy and corn’s prizes sky rocked on Thursday thanks to the severe drought that has been punishing the United States heartland. Soy and corn were being sold at record high of 638.89 dollars/ton and 320.26 dollars/ton respectively. Read full article

Comments

Disclaimer & comment rules

Captain Poppy
Unfortunately this is sure to boost Ms Botox's morale. With a budget based on soy selling at 440 per ton currently trading at 616 she lucked out.
Jul 19th, 2012 - 06:59 pm - Link - Report abuse 0
-+
Think
Fortunately this is sure to boost Argentina's economy. With a budget based on soy selling at 440 per ton currently trading at 616, we are happy :-)
Jul 19th, 2012 - 07:29 pm - Link - Report abuse 0
-+
Conqueror
@2 Given the USA's current love affair with argieland, we can expect the USA to buy soy from anyone else first. Perhaps if argieland paid some of its incredibly numerous debts? Still in the billions.
Jul 19th, 2012 - 07:52 pm - Link - Report abuse 0
-+
Captain Poppy
If one reveue stream from agriculture can make or break your economy.........you're fucked. Understand the concept of diversification? Oh no....that's a free market concept. ANyway.....maybe it will help pay next month's 3 billion us dollar debt payment and the other in December ...........you need them dollars because we can't even wipe our ass with the peso.
Jul 19th, 2012 - 07:54 pm - Link - Report abuse 0
-+
DanyBerger
Errr....

“Praying for rain in the Midwest” ????????

It is not that developed super power US has all farming land under Artificial Irrigation according with some yanks posters here?

So why are they praying and waiting for a conventional rain like in Africa or India?

Have you ever tried with the Thunderbird rain dance? At least seem to be more fun than the church praying stuff...
http://www.youtube.com/watch?v=y2e1515l7Tc

And the Hindi one?
Seem to work very well in India. At least much better than the playback made by the girl. Ha ha

http://www.youtube.com/watch?v=y2e1515l7Tc

@Captain Poppy
Stay calm boy Argi business only 6.5% of total ARG GDP and declining.
Jul 20th, 2012 - 06:07 am - Link - Report abuse 0
-+
Captain Poppy
right dburger I am so wired......lol
Jul 20th, 2012 - 11:40 am - Link - Report abuse 0
-+
Uncle Sam
DanyBerger (#)

Shit for brains.
Jul 20th, 2012 - 07:06 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!