date:Oct 01, 2012
is trading very similar to last year, which was also a short crop year, US Commodities said.
Last year from the end of August to the first week of October, the market dropped roughly $1.80 a bushel on corn and $3.00 a bushel on soybeans. The market a year ago bottomed on October 3.
Benson Quinn Commodities said: At a minimum, this morning's data offers a great opportunity for these markets to post a correction of the recent break, adding that at this point, sustained support in corn and whea