date:Aug 21, 2014
ps benefited from cool temperatures in many areas this summer, and much of the Midwest is forecast to see rain this week, National Weather Service data show.
Field observations show the record-breaking potential of this seasons crop, Chris Gadd, an analyst at Macquarie Group Ltd., said in an e-mailed report today after the bank completed its own tour of Midwest fields last week. Corn and soybean prices are likely to weaken into harvest if the current positive weather picture remains the same.