date:Nov 20, 2012
er 12.
Corn futures have been under pressure in recent weeks, losing approximately 14% since touching a record high of USD8.4237 a bushel on August 10, as a combination of easing concerns over the size of the U.S. harvest and worries over slowing demand for U.S. corn dampened the appeal of the commodity.
The U.S. produced 38% of the world's corn last year, making it the both world's largest corn producing nation and the largest exporter of the grain.
Corn is the biggest U.S. crop, followed by