date:May 25, 2012
op also weighed on futures, as rains fell in the northern part of the corn belt and forecasts eased for dryness farther south in states such as Iowa and Illinois.
Sustained periods of good weather could boost the crop's yield, bolstering supplies when corn is harvested this autumn. The USDA this month forecast this year's U.S. corn production at a record 14.8 billion bushels, and said Monday that 77% of the corn crop was in good or excellent condition--higher than analysts expected.
The fall