(Bloomberg) -- Wheat prices in Kansas City jumped
4.1 percent, the most in four months, after a government report
showed that rains in the southern Great Plains damaged crops and
slowed harvesting.
About 57 percent of the winter-wheat crop was rated good or
excellent as of May 27, compared with 59 percent a week earlier,
the Department of Agriculture said yesterday. Fields from Texas
to Nebraska got as much as four times the normal amount of rain
in the past 30 days, causing plants to fall and making soil too
wet for heavy machinery.
Read more at Bloomberg Commodities News
4.1 percent, the most in four months, after a government report
showed that rains in the southern Great Plains damaged crops and
slowed harvesting.
About 57 percent of the winter-wheat crop was rated good or
excellent as of May 27, compared with 59 percent a week earlier,
the Department of Agriculture said yesterday. Fields from Texas
to Nebraska got as much as four times the normal amount of rain
in the past 30 days, causing plants to fall and making soil too
wet for heavy machinery.
Read more at Bloomberg Commodities News
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