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Grain futures rally sharply following their first week of decline since early summer as a little...

Grain futures rally sharply following their first week of decline since early summer as a little bit of rain fails to stem reports of crop damage. While soybeans could still be saved by decent rainfall, a good portion of the U.S. corn crop is past the pollination stage and beyond repair. Sept. Corn +2.7% to $819/bushel, Sept. Beans +2.3%, Sept. Wheat +2%.
Comments (1)
  • Glenn Doty
    , contributor
    Comments (1116) | Send Message
     
    A little bit of rain isn't sufficient to keep pace with further damage done by heat.

     

    http://seekingalpha.co...
    30 Jul 2012, 10:41 AM Reply Like
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