NEWS
Fundamentally Speaking
Fri Jul 18, 2014 07:22 AM CDT

Though prices have stabilized over the past week, corn futures have posted substantial losses over the past two months based on growing expectations of a monster crop to be harvested this fall.

Current U.S. crop ratings as of mid-July are the best since 1999 and the fourth highest ever for that date.

The state of Illinois in particular is seen in stellar shape with 81% of their corn crop either in good or excellent condition.

This state along with much of the Midwest has enjoyed well below normal temperatures for the first half of July ...

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