date:Oct 29, 2012
le East. Prices surged on Wednesday after Ukraine farm minister repeated the country's looming export ban Nov. 15.
Corn also followed soybeans lower, though exports remain lousy at just 5.6 million bushels. The total was even less than the modest expectations of traders, and also came in lower than the previous week. Another disappointing tidbit: China cancelled purchases for 4.7 million bushels. China had been booking U.S. corn over the summer, despite forecasts for record production there.