Corn Will Stay High Relative to Other Crops, Goldman Says
February 10, 2012, 6:22 AM ESTBy Claudia Carpenter
Feb. 10 (Bloomberg) -- Corn prices will stay high relative to other crops in the next few months to attract farmers to plant the grain and help the U.S. rebuild inventories, Goldman Sachs Group Inc. said.
Corn will be at $6.80 a bushel in three months and soybeans will be at $12.90 in 12 months, Damien Courvalin, an analyst at Goldman in New York, said in a report dated yesterday.
To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net
