Brief showers stunt corn prices' growth
By Anne Cook
Wednesday June 20, 2007
BISMARCK – What a difference a day – and a rain – can make in grain markets.
Chicago traders, looking at widespread showers Monday and predictions of more of the same for the weekend, bid corn prices down the 20-cent limit Tuesday. July corn closed at $3.96 a bushel, and soybean prices dropped 26 cents, closing at a $7.99 cash price.
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