date:Jul 25, 2013
by the latest forecasts, Jerry Gidel, chief feed grains analyst at Chicago-based broker Rice Dairy said.
Bulls are getting hit.
US Commodities said: The heat ridge continues to stay in the South West which is negative for prices.
In fact, the USDA data overnight did show a drop of three points week on week in the proportion of US corn rated good or excellent, thanks to the heat, although, at 63%, the figure remained far higher than the 26% last year.
Indeed, when converted into a full crop c