date:Jan 28, 2013
n parts of Argentina that have not received moisture for 17 days, with three more storms expected during the next two weeks, QT Weather in Chicago said in a report. Brazil will remain favorably wet, the forecaster said. Combined soybean production by the two countries will rise 28 percent to a record, the USDA said Jan. 11.
Soybean futures for March delivery fell 0.1 percent to $14.3525 a bushel in Chicago, after touching $14.15, the lowest since Jan. 16.
Corn is the biggest U.S. crop, valued