WSJ – As Corn Glut Hits Prices, U.S. Farmers Are Planting Even More

http://www.wsj.com/articles/corn-sinks-following-usda-report-1459442761

Do farmers know something we don’t ?

Seems to me that the math is pretty simple.

Too much oil, not enough demand – basic lowdown stripped of the noise. KISS model for dummies.

Now…. if I’m reading this little clip right, 12 heads of corn on the cob should be back down to $1.00 in July and August, right ?

Anyone want to jump in and correct the math here ???

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