date:Jun 25, 2014
ure. Some areas havereceived too much rain, causing flooding and localized crop damage.
With soybeans, perhaps a lot of people were overestimating the damage,said Rich Nelson, chief strategist for Allendale in McHenry, Ill.
Soybeans are still looking tremendous right now.
Front-month corn fell 1.9 percent, or 8-3/4 cents, to $4.44-1/4 abushel. The contract pulled back after touching a session high of $4.57-3/4, a
level last reached on June 6.
Spot soybeans rose 0.6 percent, or 9 cents, to $1