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Monday, May 08, 2006

July Corn Has Fallen To Its Lowest

Corn correction continues: July Corn has fallen to its lowest levels since late March, as ideal planting weather over the weekend weighed on prices. With much of the US Corn acreage planted, traders will now turn their attention to precipitation forecasts, to see if needed moisture is predicted to get the crop off to a good start. Current predictions from private forecasters calls for rain throughout much of the Corn Belt early this week. Read More....