date:Jan 29, 2013
rn Corn Belt need significant rains just to get them back to normal.
If there is plentiful rain that leads to a large crop, prices for both corn and soybeans will drop, he said. Depending on how big the crop is, corn prices could drop into the low $4s and possibly the upper as $3s per bushel, and soybeans could drop $2-3 per bushel.
Reinbott also advised keeping an eye on South Americas corn crop. Both Argentina and Brazil now look to have a good crop rebounding from last years poor harvest, b