Corn and soybean futures were mostly lower on forecasts for generally favorable crop weather _ warm and rainy _ in the Midwest.
12.
The new-crop weather is ideal, and the temperatures are going to warm up by the end of the week to the 80s.
13.
Corn and soybean futures prices leaped Wednesday after the Agriculture Department lowered its harvest estimates due to poor crop weather and insect damage.
14.
Wheat futures shot higher Tuesday on the Chicago Board of Trade, propelled by technical factors and bad crop weather in top wheat-growing countries.
15.
Soybeans sank as traders continued to focus on favorable crop weather in Brazil and Argentina, the world's two largest producers after the United States.
16.
However, prices were still depressed by news of beneficial crop weather in the southern and central Plains and by an improved crop rating for Texas wheat.
17.
Wheat prices for March delivery have tumbled about 13 percent since Dec . 30 on slack export prospects and favorable crop weather in the Central Plains.
18.
Adding to the pressure were forecasts for wetter, slightly more beneficial crop weather in key growing regions of Brazil and Argentina over the next 10 days.
19.
The poor crop weather has hampered seed germination and prompted speculation the South American crops will be smaller than forecast by the U . S . Agriculture Department.
20.
Soybeans were pressured by forecasts for weekend rain in key growing areas of the Midwest along with beneficial crop weather expected in South America over the coming days.
