Commodity Trading - Future and Present: Cheap Beef Isn't Always a Positive

The drought of 2012 now covers more than half of the continental United States. Temperatures have set records throughout 2012 leading to the warmest 12-month period since the National Oceanic and Atmospheric Administration (NOAA) began keeping records in 1895. Grain farmers are at least partially compensated for their lower output by higher prices on delivery as well as various insurance programs...