The price of corn and soybean rising dramatically
2011-04-04 15:48:48
British Financial Times reported on April 1 that the price of corn and soybean had risen 52% and 34% respectively since at the beginning of 2010 year. It receives the impetus of exuberant demand (especially from China) to animal fodder. The American Ministry of Agriculture indicated that the corn stock will drop to the lowest level in 10 years before this harvest year. The report on Thursday as if indicated that these stocks will drop further and impel the price to increase.