Bargain buying and short covering lifted U.S. corn futures on Monday after the market slid to contract lows on expectations for strong U.S. output, traders said.
Area, stocks reports have little influence
About 50 to 70 per cent of normal precipitation
Weather, supply pressures weigh on grains
Rainfall amounts vary widely
Weather, geopolitical risk provide support
Few changes the central theme in June report
Report unlikely to have notable changes
Down 10 points in three years says FAS