(Bloomberg) -- Corn and soybeans may rise on
speculation that warm, dry weather in June will increase stress
on young plants in the Midwest and reduce yield potential. Wheat
futures may also gain as wet weather damages ripening U.S. crops.
Most Midwest fields east of the Mississippi River will
receive less than 50 percent of normal rain in the next five days
as a high pressure system in the southeast U.S. blocks storm
movement, said Mike Tannura, a meteorologist for T-Storm Weather
in Champaign, Illinois. Hot weather beginning June 8 will
increase stress on young plants, he said.
Read more at Bloomberg Commodities News
speculation that warm, dry weather in June will increase stress
on young plants in the Midwest and reduce yield potential. Wheat
futures may also gain as wet weather damages ripening U.S. crops.
Most Midwest fields east of the Mississippi River will
receive less than 50 percent of normal rain in the next five days
as a high pressure system in the southeast U.S. blocks storm
movement, said Mike Tannura, a meteorologist for T-Storm Weather
in Champaign, Illinois. Hot weather beginning June 8 will
increase stress on young plants, he said.
Read more at Bloomberg Commodities News
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