04-07-2012 07:01 AM | USA

Farmers quit over grain price 'myth'

Corn and wheat prices may be trading close to ten-month highs but contrary to public opinion many farmers are not reaping fat profits.

The stark reality is that growers’ margins are razor thin and many are even losing money because food crops are priced well-below the cost of production, former Australian farmer Paul Hickey explains.
Full Story : CNBC