The Agriculture Department announced this season's first major crop yield forecasts, and they weren't pretty: a nationwide average of 123.4 bushels of corn per acre, the lowest level since 1995. (edition.cnn.com)
When an investor buys a commodities contract, she doesn't have any obligation to hold onto it until the expiration date and take delivery of thousands of bushels of corn. (finpipe.com)
As a result, it does not know what the yield would be, or how many bushels of corn they will get from its fields. (sciencedaily.com)