date:Apr 15, 2013
lion tons.
Grain traders are quickly turning their attention back to weather patterns in the US. Cold, wet weather is presently enveloping the Corn Belt, and that is limiting the downside in corn prices due to concerns about planting delays.
Wheat futures prices are seeing selling interest mitigated by freezing temperatures that are occurring in the hard red winter wheat region of the US Plains states. This has raised concerns about frost damage to the wheat crop there.