OMAHA (DTN) -- Lower temperatures, and a season when most of the Corn Belt is drought-free, have restored confidence to the market about huge production this year.
Projections for corn output run anywhere from 13.5 billion bushels to more than 14 billion bushels.
Contributing to this optimism is the last month has been much cooler in most of the Corn Belt compared to July last year. For example, the average high temperature for July 2013 at Omaha's Eppley Airfield was 88 degrees Fahrenheit (through July 27). In 2012, July's average high was 96 F.
That relative cooling is evident throughout ...