(Bloomberg) -- Corn fell to the lowest in four
weeks in Chicago on speculation that rains will revive Midwest
crops threatened by hot, dry weather earlier this month.
As much as twice the normal amount of rain may fall from
Kansas to Ohio in the next five days, boosting soil moisture in
fields that had been depleted by six weeks of heat and dryness,
said Mike Tannura, a meteorologist for T-Storm Weather in
Champaign, Illinois. Cool weather this weekend also will benefit
crops next month.
Read more at Bloomberg Commodities News
weeks in Chicago on speculation that rains will revive Midwest
crops threatened by hot, dry weather earlier this month.
As much as twice the normal amount of rain may fall from
Kansas to Ohio in the next five days, boosting soil moisture in
fields that had been depleted by six weeks of heat and dryness,
said Mike Tannura, a meteorologist for T-Storm Weather in
Champaign, Illinois. Cool weather this weekend also will benefit
crops next month.
Read more at Bloomberg Commodities News
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