date:Sep 06, 2012
g to be down, said Sid Love, an analyst at Kropf Love Consulting, an Overland Park, Kan., agricultural-advisory firm.
Wheat prices also were pressured by forecasts for rain this week in the southern Great Plains. Rain in Kansas, Nebraska and Oklahoma would help replenish soil moisture before farmers start planting wheat this month for harvest next spring. The U.S. is the world's largest wheat exporter.
Corn futures were pressured by harvest-season hedging, as elevators that buy physical grain a