date:Aug 30, 2013
projections.
Chicago corn prices have fallen 28 percent since January after hitting record highs during the North American drought in the summer of 2012. Many analysts and traders expect prices to fall further on prospects for a U.S. bumper crop this season.
Argentina's 2012/13 crop is harvested, and the U.S. Department of Agriculture estimates it at a record 26.5 million tonnes. Oscar Solis, Argentina's deputy agriculture secretary, told Reuters last week that the crop was likely to come in a