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Wednesday, February 13, 2013

Commodity Blog

Commodity Blog


Corn & Soybean Futures Gain, Endangered by Rising Supply

Posted: 12 Feb 2013 06:54 PM PST

Corn and soybeans rose today after falling yesterday on speculations that favorable weather in the South America will boost yield of the grains. Output from the United States is also expected to pick up. DTN predicted that rainfall will start in Argentina by the weekend, while dry weather in Brazil will help the harvesting. Such forecast is in line with the previous predictions. According to the US Department of Agriculture, Argentina, which is [...]

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