date:Jul 25, 2013
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Crop conditions in the eastern Corn Belt remain favorable. IA conditions remain dry for select areas of the state but the forecast calls for additional rainfall in the next 2 weeks.
This mixed with the mild and cool temperatures have the market leaning towards a bearish supply total for the 2013/14 marketing year. Crude oil was also trading lower today which helped to pressure corn.
September Rice finished up 0.365 at 15.77, equal to the high and equal to the low.
Soy Futures Closed L