Futures rally as crop fears return
date:Jul 28, 2012
N Weather in Boston.

It looks like the overall drought will continue, Mr. Burgio said.

There's still significant concern among market watchers that crops are getting smaller, Mr. McCambridge said. He noted that private forecasters continue to prune their estimates for the size of autumn harvests, as heat and dryness reduce yield potential.

Traders said private forecasters Informa Economics and Lanworth are the latest to cut their outlook for 2012 U.S. corn and soybean harvests. Informa estima
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