date:Jul 09, 2014
ountries are currently harvestinglarge crops.
Germany's DBV farmers' association estimated on Monday the2014 winter wheat crop would reach almost 25 million tonnes,
versus 24.6 million in 2013.
September soft red winter wheat futures fell to acontract low of $5.56 a bushel and closed 22-3/4 cents lower at$5.56-3/4. The day's 3.9 percent drop was the steepest sinceMarch 2013.
Commodity funds sold an estimated net 11,000 corn contracts,3,000 soybean contracts and 9,000 wheat contracts trade so