date:Jul 10, 2014
autumn harvests.
The report will show an increase in corn and soyabean production, with traders fearing a large jump due to high crop conditions and excellent growing weather, said Brian Hoops, president of brokerage Midwest Market Solutions. For the next 10 days, forecasters expect temperatures to be in the 70s and 80s Fahrenheit with occasional rainfall. Chicago Board of Trade December corn slipped 3-1/4 cents to $4.01 a bushel by 9:55 am CDT (1455 GMT) after setting a new contract low of $