(Bloomberg) -- Wheat prices in Chicago and Kansas
City rose after a government report showed rains in the Great
Plains damaged crops and slowed harvesting.
About 57 percent of the winter-wheat crop was rated good or
excellent as of May 27, compared with 59 percent a week earlier,
the Department of Agriculture said yesterday. Fields from Texas
to Nebraska got as much as four times the normal amount of rain
in the past 30 days, causing plants to fall and making soil too
wet for heavy machinery.
Read more at Bloomberg Commodities News
City rose after a government report showed rains in the Great
Plains damaged crops and slowed harvesting.
About 57 percent of the winter-wheat crop was rated good or
excellent as of May 27, compared with 59 percent a week earlier,
the Department of Agriculture said yesterday. Fields from Texas
to Nebraska got as much as four times the normal amount of rain
in the past 30 days, causing plants to fall and making soil too
wet for heavy machinery.
Read more at Bloomberg Commodities News
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