date:Aug 14, 2012
by acknowledgement that while rains can aid soy production, the corn-crop size still can get smaller, Mr. Cronin said. Uncertainty surrounding the amount of acres that will be harvested in 2012 opens the door for further production cuts for corn crops, Mr. Cronin added.
CBOT December corn settled down 17 cents, or 2.1%, at $7.92 1/4.
U.S. wheat futures fell in tandem with corn and soybeans, garnering additional weakness from favorable yield reports from the spring wheat harvest.
CBOT September