Never noted for glamor, the humble potato has lost so much of its popularity with diet-conscious Americans that per capita spud consumption in the U.S. today is little more than half what it was 50 years ago. Nonetheless, at New York's Mercantile Exchange last week some of the most sophisticated speculators in U.S. business were in a lather over the future of the potato and betting millions of dollars on what it will cost by mid-May. Seldom has the U.S. commodity market seen so wide and adamant a split between bulls and bears.
Only last fall the Agriculture Department condemned...
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