Corn Hits $6 a Bushel on Tight Supplies
From Yahoo! Finance: By Stevenson Jacobs, AP Business Writer Corn Prices Jump to Record $6 a Bushel, Driving Up Costs for Food, Alternative Energy NEW YORK (AP)â€"Corn prices jumped to a record $6 a bushel Thursday, driven up by an expected supply shortfall that will only add to Americans’ growing grocery bill and further squeeze struggling ethanol producers. Corn prices have shot up nearly 30 percent this year amid dwindling stockpiles and surging demand for the grain used to feed livestockhttp://noisyroom.net/blog/2008/04/05/corn-...