(Bloomberg) -- Corn and soybeans fell in Chicago as
weekend rains in the Midwest and a forecast of more precipitation
eased concerns that newly planted crops may be damaged by dry
soil in the U.S., the world's largest producer.
Most fields got at least 0.5 inch (1.3 centimeters) of rain
in the past three days, with a few areas receiving as much as
2 inches, said John Dee, president of Global Weather Monitoring
in Mohawk, Michigan. The next chance for 1-inch rains is June 6,
with a second storm forecast beginning June 11, Dee said.
Read more at Bloomberg Commodities News
weekend rains in the Midwest and a forecast of more precipitation
eased concerns that newly planted crops may be damaged by dry
soil in the U.S., the world's largest producer.
Most fields got at least 0.5 inch (1.3 centimeters) of rain
in the past three days, with a few areas receiving as much as
2 inches, said John Dee, president of Global Weather Monitoring
in Mohawk, Michigan. The next chance for 1-inch rains is June 6,
with a second storm forecast beginning June 11, Dee said.
Read more at Bloomberg Commodities News
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