date:Jun 12, 2014
We do have some isolated issues with the hard red winter crop in the US, but when you look at the global picture we do see stocks building in 2014/15, said Graydon Chong, senior grains analyst at Rabobank.
Corn was under pressure from good weather and continued concern about China halting imports of US distillers dried grains (DDGs), a corn byproduct used in feed. CBOT July corn ended down 5-1/2 cents at $4.45-1/2 a bushel after touching $4.44-3/4, a four-month low. You've got funds still long