General Comments It has seemed inevitable since early July, but today it happened. CME September corn set a new record high for corn futures of $8.1675. August soybeans also set a new record high for soybeans of $17.23. We suppose this is another bit of history to be attached to the Drought of 2012. Volatile price movements for corn, wheat and the soy complex were another feature of today's trade. High levels of volatility can be expected in the foreseeable future.Corn has been the leader ever since the drought market began in mid-June. However, the soy complex apparently took that role today. The transfer of leadership was brought about by a fresh 30-day weather outlook from NOAA, which predicts above-normal temperatures and below-norma...