1. Cattle futures plunged in recent days after snow storms in the Plains states, where much of the U.S. herd is raised, limited sales of cattle to meatpackers. 2. Chicago corn futures plunged to new contract lows Wednesday as investors sold contracts amid fears about plentiful supplies and little demand. 3. Coffee futures plunged to a five-month low as an abundant harvest and reduced threat of frost in Brazil ease concern that world supplies are inadequate. 4. Coffee futures plunged to a five-month low as an abundant harvest and reduced threat of frost in Brazil eased concern that world supplies are inadequate. 5. Cocoa futures plunged for a second day as favorable growing conditions for cocoa crops around the world raised expectations for adequate supplies. 6. Corn and soybean futures plunged after the government forecast ample supplies before the next harvest. 7. Corn and soybean futures plunged after thunderstorms drenched crops in Illinois this weekend, lowering expectations of damage from a recent dry spell. 8. Corn and soybean futures plunged as favorable harvest weather and reports of larger-than-expected inventories relieved concerns of tight reserves. 9. Corn futures plunged on the Chicago Board of Trade as blistering heat and dry weather in the Midwest this weekend allowed farmers to resume seeding crops. 10. Corn and soybean futures plunged as rain fell in South America, easing a drought scare that sent markets soaring. |