Corn, soybean futures soar as wet weather slows planting
date:May 29, 2013
U.S. corn and soy complex futures soared while wheat futures ended mixed Tuesday. Corn and soybean futures were boosted by concerns of planting delays due to excessively wet weather across the Midwest. Wheat futures were mixed as support from corn and soybeans was partly offset by pressure from beneficial rainfall in the hard red winter region. Chicago July wheat fell 3c, closing at $6.93 a bu, Kansas City July lost 2c, closing at $7.43 a bu, and Minneapolis July rose c, closing at $8.06 a bu. J
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