date:Jun 05, 2014
ather in the Midwest, led investors to add to bull spreads. The spreading pushed the front-month soybean contract above $15 a bushel while new-crop months were close to unchanged.
Corn prices followed a similar pattern. The U.S. Agriculture Department will release its first ratings for the recently seeded corn crop on Monday afternoon. Analysts expected the USDA to show good-to-excellent ratings for corn at 70 percent.
This weather continues to benefit most of the U.S. crop, Matt Zeller, direc