date:Jul 25, 2013
Corn prices slumped to their lowest since 2010, sending wheat futures to contract lows on both side of the Atlantic, as forecasts for benign Midwest weather during the important pollination period spurred the further removal of weather premium.
Corn for December, Chicago's best-traded contract, tumbled 3% to $4.82 a bushel at one point, its lowest since November 2010.
The decline dragged on wheat, which is interchangeable with corn in many purposes, which tumbled 1.4% to $6.50 ? a bushel for