date:Aug 28, 2013
The condition of the 2013 corn and soybean crops deteriorated in the week ending Aug. 25, compared with the previous week, the U.S. Department of Agriculture said in its Aug. 26 Crop Progress report.
Soybean futures soared more than 60c a bu in the two nearby contracts on Aug. 26 due to concerns about the effects of hot, dry weather on the crop. Corn futures prices advanced as much as 30c a bu, with corn and soybeans also pulling wheat futures higher for the day.
Of the two major row crops, so