(Bloomberg) -- Corn rose to a one-week high in
Chicago on speculation that hot, dry weather may damage crops in
the U.S., the biggest producer and exporter of the grain.
Parts of the western Midwest may receive less than 25
percent of normal rain the next three weeks and temperatures
will approach 100 degrees Fahrenheit (37.8 Celsius) starting
July 19, said Joel Widenor, a meteorologist for CropCast
Services Inc. in Rockville, Maryland. About 25 percent of
Midwest crops may be at risk, he said.
Read more at Bloomberg Commodities News
Chicago on speculation that hot, dry weather may damage crops in
the U.S., the biggest producer and exporter of the grain.
Parts of the western Midwest may receive less than 25
percent of normal rain the next three weeks and temperatures
will approach 100 degrees Fahrenheit (37.8 Celsius) starting
July 19, said Joel Widenor, a meteorologist for CropCast
Services Inc. in Rockville, Maryland. About 25 percent of
Midwest crops may be at risk, he said.
Read more at Bloomberg Commodities News
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