(Bloomberg) -- Wheat rose in Chicago, gaining for
the first session in four, on speculation that unusually dry,
warm weather in eastern Europe and Australia may damage crops
and reduce global production.
Dry weather is threatening crops in Ukraine, southwestern
Russia and parts of Moldavia, Romania and Bulgaria, said Drew
Lerner, president of World Weather Inc. in Kansas City, Kansas.
About 30 percent of the crop in Australia, the third-biggest
exporter, remains at risk from drought conditions, Lerner said.
Read more at Bloomberg Commodities News
the first session in four, on speculation that unusually dry,
warm weather in eastern Europe and Australia may damage crops
and reduce global production.
Dry weather is threatening crops in Ukraine, southwestern
Russia and parts of Moldavia, Romania and Bulgaria, said Drew
Lerner, president of World Weather Inc. in Kansas City, Kansas.
About 30 percent of the crop in Australia, the third-biggest
exporter, remains at risk from drought conditions, Lerner said.
Read more at Bloomberg Commodities News
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