Grain price still too high, says Bunge head

Huge stockpiles will eventually force prices down, causing growers to reduce acres, says Bunge official

The head of one of the world’s largest grain companies believes grains and oilseeds are overpriced and a day of reckoning lies ahead. Soren Schroder, chief executive officer of Bunge Ltd., recently told investment analysts that corn and soybean prices have not reflected the global glut of the commodities. “For some reason markets have been […] Read more