snow storm

A U.S. corn belt corn futures market under pressure from barreling snowstorm Chicago Board of Trade Tuesday outside help. Corn ending December 3 / 4 percent despite the company holding $ 3.69 1 / 2 per bushel and March corn ended 1 to 1 / 4 cents to $ 3.85. Day had the benefit of the crop harvested, snow and high winds of the foot, said one analyst, because '88%, weather forecasts for the next 24 hours recalled. U.S. Department of Agriculture said Monday that are 12% unharvested crop and adverse weather and can cause problems. Manufacturers must keep out of the field wet weather, heavy winds and snow over the corn could cause some 'Lodge,' or more down, which it will be difficult to produce more. Some traders have been dismissed the impact of snowstorm, however, most point of the crop's demand note and cut the traders are watching. Analysts said that there was a trader and spread some light trading Tuesday, as traders bought and sold wheat grains and beans. , With Citigroup analyst Terry Reilly, said that wheat, corn spread is favorable for corn. Dollar and crude oil market, including limited benefits outside market, as demand has weakened. An extraordinary business market within tight 3 3 / March 4 percent limit in the contract, and analysts said Thursday that there is something beyond the report of the USDA supply and demand situation. This report opens Thursday in the market, weak exports, resulting in a greater demand for new crop corn should show ended before the release of shares by one according to Dow Jones Newswires survey of analysts. The report for 2009-10 carryout average analyst estimate is 1.646 billion bushels, from 1.625 billion in November, but USDA estimates down from $ 1.674 the year 2008-09 carryout from 17 analysts surveyed by Dow Jones Newswires. Estimated 1.725 billion from 1.500 billion. Oat futures ended at the CBOT. December oats ended down 1 / and $ 2.42 per bushel in March oats ended down 2 1 to 2 per cent / 2 cents to $ 2.53. Ethanol futures were mostly lower. Ethanol below $ 0,013 per gallon ethanol in January and March was $ 1.880 to $ 1.969 was flat.