Sunday, September 19, 2010

Eye on frost forecast for China corn areas

Grains Week Ahead-US corn yields seen better in West than East | Energy & Oil | Reuters
Dax Wedemeyer, a grains analyst with U.S. Commodities in West Des Moines, Iowa, said traders will be monitoring the
frost forecast for China this week.

"The market is very nervous. China's corn crop is 10 to 15 days behind normal," he said, alluding to the plants' vulnerability to cold weather.

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