(Bloomberg) -- Soybean and corn futures rose in
Chicago on forecasts for hot, dry weather in Iowa and Illinois,
the U.S.'s two biggest growing states, and a prediction corn
yields will fall.
Forecasters in Europe and the U.S. expect a subtropical
weather system to move into the eastern Midwest next week,
Woburn, Massachusetts-based Meteorlogix LLC said. A European
model predicts the system will bring hotter, drier weather. The
American model shows rains only in the northern Great Plains.
Read more at Bloomberg Commodities News
Chicago on forecasts for hot, dry weather in Iowa and Illinois,
the U.S.'s two biggest growing states, and a prediction corn
yields will fall.
Forecasters in Europe and the U.S. expect a subtropical
weather system to move into the eastern Midwest next week,
Woburn, Massachusetts-based Meteorlogix LLC said. A European
model predicts the system will bring hotter, drier weather. The
American model shows rains only in the northern Great Plains.
Read more at Bloomberg Commodities News
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