With all the flooding in the great plains, corn is not going to be planted, certainly not the hight yielding long season varieties, in much of the corn belt.. I am thinking the market will catch up soon to the idea that the crop this year is going to be low. Also a million calves were killed in flooding in Nebraska this spring. That is going leave a mark on next years beef prices.
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Corn is skyrocketing already, 20-30 percent in 2-3 weeks...
https://www.investing.com/commodities/us-corn