(Bloomberg) -- Chicago wheat futures rose, reversing losses in the past two days, on concern that cool, wet weather in the U.S. will damage crops. Corn prices also gained amid speculation about possible planting delays.
Moderate to heavy rainfall will continue to spread over southwest Kansas up to early today, the National Weather Service said in a flood watch update at 1:52 a.m. EDT. The low pressure will move east and be over Missouri by the afternoon, it said on its Web site.
Read more at Bloomberg Commodities News
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