(Bloomberg) -- Corn and soybean futures in Chicago
fell on speculation that wetter and cooler weather in crop
growing areas in the U.S. will boost yields. Wheat futures gained.
Weather forecasts showed the corn belt is expected to
receive up to 1 inch (2.5 centimeters) of rain with 20 percent
coverage on July 23-24. The 6-10 day forecast indicated normal
precipitation in the far western and eastern corn belt, with
below-normal falls in the central corn belt, Dan Cekander, senior
grain analyst for Fimat USA, wrote in a report on July 20.
Read more at Bloomberg Commodities News
fell on speculation that wetter and cooler weather in crop
growing areas in the U.S. will boost yields. Wheat futures gained.
Weather forecasts showed the corn belt is expected to
receive up to 1 inch (2.5 centimeters) of rain with 20 percent
coverage on July 23-24. The 6-10 day forecast indicated normal
precipitation in the far western and eastern corn belt, with
below-normal falls in the central corn belt, Dan Cekander, senior
grain analyst for Fimat USA, wrote in a report on July 20.
Read more at Bloomberg Commodities News
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