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U.S. corn, soybeans rise following heavy rains in US Midwest
date:Jun 23, 2014
U.S. corn and soybean futuresrose for the second straight session on Thursday, supported byconcerns that heavy rains in some growing areas of the UnitedStates may have caused damage to developing crops, traders said.

It looks like 10 to 20 percent of the Corn Belt is just toodarn wet, said Dave Fogel, a broker for Advance Trading inBloomington, Illinois. There is an expectation that we will seecrop ratings drop on both (corn and soybeans).

Wheat futures ended firm, supported by a late round of

07/02 19:55