date:Dec 18, 2013
said Arlan Suderman, a senior market analyst at brokerage Water Street Solutions in Wichita, Kan. I don't see that Vilsack has any real position of strength. Obviously he'll be bringing up the GMO situation but China is going to do what China is going to do. They feel in control right now.
Corn futures for March delivery on the Chicago Board of Trade fell 2 1/4 cents, or 0.5%, to $4.23 1/4 a bushel.
Corn prices also declined as inspections of the grain for export in the week that ended Dec. 12