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Del.icio.us  Digg  facebook  MySpace  Twitter  Google  Bookmark Me  LinkedIn  StumbleUpon  Permalink   Grains rally sharply to open 2012 Hot, dry weather across Argentina and Brazil over the weekend sparks rally in Chicago. John Hawkins  Published: Jan 3, 2012 Chicago Board of Trade corn and soybean futures surged early Tuesday on a forecast for dry weather in Argentina, while a weaker dollar supported wheat, traders said. Wheat futures hit their highest level since Sept. 21 in early trading; corn its highest since Nov. 9; and soybeans their highest since Oct. 28. Argentina will remain dry on Tuesday and in the days ahead, adding to concern that 2011/12 corn and soy crops will be reduced by lack of rain, local weather forecasters said. The National Meteorology Service (www.smn.gov.ar ) issued a forecast for Tuesday that called for no substantial rains in any of the South American country's soy- or corn-growing areas during the day, although some scattered showers were possible in the southeastern part of La Pampa province. Permalink: Click here Comments Read comments from others and share your own thoughts. Please provide the answer to the following question:  =

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