Commodity Blog |
| Weather Weakens Soybeans, Bolsters Wheat Prices Posted: 18 Jan 2013 10:11 PM PST Soybeans fell as rainy weather in Brazil is expected to bolster yield. Forecasters predict that drier weather will follow rains, but it is unlikely to hurt crops. Drought in Argentina, on the other hand, is expected to be more severe. At the same time, wheat advanced on concerns about drought in the United States. Forecasters promise that dry weather will persist over the next three months. Meanwhile, exports more [...] |
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