Sunday, May 20, 2012

Grains Week Ahead-Dome of heat may trigger risk premiums

* High heat in Midwest may support corn
* Dome of heat seen on Memorial Day weekend
* Wheat in driver's seat on weather concerns
* Surging wheat prices may dent feed use

By K.T. Arasu
CHICAGO, May 20 (Reuters) - Investors who have been building
weather-risk premiums in U.S. wheat futures are expected to
expand their protective play into corn this week amid forecasts
for high heat and little rain.
Temperatures are set to rise in the southern portion of the
Midwest grain

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