U.S. Corn Crop Searing in the Heat and Drought; Speculators Go Wild, Per WTO/London/Obama "Markets" Policy
The condition of the 2012 corn crop is dramatically worsening in 18 states, which produce 92% of the U.S. output, which is one-third of the planet's corn production. Speculators are going wild on the Chicago Board of Trade at the Merc (CME); they see visions of killer-profits a la 1988, when drought ruined over 40 percent of the corn crop year-on-year.
