(Bloomberg) -- Corn futures in Chicago extended
declines on speculation that cool, wet weather will boost the
U.S. crop, planted on the most acres since 1944. Soybean futures
also fell, while wheat futures gained.
The six to 10-day outlook from the National Weather Service
showed below-normal temperatures and above-normal precipitation
in most parts of the U.S. Midwest, according to yesterday's
forecast. The cooler weather helps the corn crop to pollinate.
Read more at Bloomberg Commodities News
declines on speculation that cool, wet weather will boost the
U.S. crop, planted on the most acres since 1944. Soybean futures
also fell, while wheat futures gained.
The six to 10-day outlook from the National Weather Service
showed below-normal temperatures and above-normal precipitation
in most parts of the U.S. Midwest, according to yesterday's
forecast. The cooler weather helps the corn crop to pollinate.
Read more at Bloomberg Commodities News
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