(Bloomberg) -- Corn fell to an eight-month low in
Chicago, extending a slide that began yesterday, on forecasts
for Midwest rains that may improve prospects for U.S. crops
following a two-month heat wave.
Some fields from Iowa to Ohio may receive 2 inches (5.1
centimeters) of rain in the next 72 hours, said Joel Burgio, a
senior agricultural meteorologist for Meteorlogix LLC in Woburn,
Massachusetts. As much as 1.5 inches of rain fell from Minnesota
to Illinois in the past 24 hours and above-normal rains are
expected after July 23 in the Midwest.
Read more at Bloomberg Commodities News
Chicago, extending a slide that began yesterday, on forecasts
for Midwest rains that may improve prospects for U.S. crops
following a two-month heat wave.
Some fields from Iowa to Ohio may receive 2 inches (5.1
centimeters) of rain in the next 72 hours, said Joel Burgio, a
senior agricultural meteorologist for Meteorlogix LLC in Woburn,
Massachusetts. As much as 1.5 inches of rain fell from Minnesota
to Illinois in the past 24 hours and above-normal rains are
expected after July 23 in the Midwest.
Read more at Bloomberg Commodities News
No comments:
Post a Comment