Saturday, 23 April 2011

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Corn, Soybeans Rally as Wet Midwest Weather May Delay Planting, Cut Yields

  • Saturday, 23 April 2011
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  • Corn and soybeans rose on speculation that wet, cold weather across the U.S. Midwest will limit planting and reduce yields. Fields from central Arkansas to Detroit may get as much as 8 inches (20 centimeters) of rain the next 10 days, keeping soils saturated, said Tim Bowden, a senior meteorologist for Planalytics Inc. in Berwyn, Pennsylvania. Farms from Nebraska to northern Indiana will receive



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