04.06.2014 - Chicago agricultural commodities plunge
Chicago agricultural commodities dropped across the board Tuesday amid favorable weather and the potential for record harvests. Weather forecast for Central U.S. shows showers and storms will pull across the Plains and the Midwest every three to four days into late June, favorable to growth of grain crops. Meanwhile, near to above normal temperatures look to persist into June 20, setting up ideal weather conditions for crops. Market analysts hold that long-term trends for grain crops remain bearish without any dire weather threat in U.S. and in other parts of the world...............................................Full Article: Source
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