Both the United States and Canada have experienced unsatisfying harvests due to weather and transportation issues, and have, as a result, one of the smallest and lowest-grade crops on record. In the US, warmer weather limited access to on-farm storage bins and slowed down crop delivery.
http://www.reuters.com/article/2012/02/22/markets-grain-cash-idAFL2E8DM4UD20120222
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