Drought in U.S. Has Futures and Obama’s Dander Up | stockpricetoday.com | The Truth Behind the Headlines | Scoop.it

Corn, Wheat and Soybean futures are all hanging around near all-time highs. Corn has been the single best investment of the past 5 years, followed very closely by Gold (AMEX:GLD). But, somehow, because farmers are losing crops due to the drought and those that haven’t are securing record prices, and presumably solid profits as a result, American taxpayers need, in Obama-world, to transfer even more of their wealth to these people because of the vagaries of Mother Nature.