date:Oct 03, 2012
The grain markets felt some major pressure on Monday from a couple of factors, the biggest one being corn and soybean harvest that remains way ahead of the normal pace.
As of Sunday, 54% of the nation's corn crop has been harvested. That's almost 3 times the normal progress level of 20% for this week, and marks a 15% climb over the last week. States in the Plains, mid-South and Corn Belt all showed major progress, with Missouri, Illinois and Kentucky (88%, 71% and 80%, respectively) all seeing