Weekly grain report

7/27/12: For all the action this week, Chicago's December corn futures only closed 2.5 cents lower than they did last week. Wheat futures weren't quite as fortunate, as Chicago's September futures lost 45 cents, and white wheat lost 30 cents. At some point, corn is going to be less subject to the weather as the critical yield-making time has mostly passed. However, another hot and dry week in the western corn belt could add some juice to next week. Soybeans are much more weather-dependant at the moment, and the weather is supposed to cool down and get wetter for Illinois through Ohio. It doesn...