date:Aug 07, 2013
er, and many analysts and traders expected prices to fall further on prospects for a U.S. bumper crop this season.
In contrast to last year, the world is expected to be awash with corn for the foreseeable future, keeping prices in check. Argentina's 2012/13 crop is nearly all harvested.
China is seen by corn futures traders as a wild card in their attempt to pencil in specific price projections.
Most Argentine corn is genetically modified. A small amount was allowed into China late last year