(Bloomberg) -- Corn rose for a second straight
session in Chicago on speculation that drought-like weather the
past two months has damaged crops in the U.S., the world's
largest grower and exporter.
Crop conditions may deteriorate for a fourth consecutive
week because of dry, warm weather in Iowa, Minnesota, Nebraska,
North Dakota and South Dakota, said Gary Rhea, president of Risk
Management Partners in Des Moines, Iowa. Some fields got less
than 25 percent of normal rain the past 60 days, data from the
High Plains Regional Climate Center in Lincoln, Nebraska, show.
Read more at Bloomberg Commodities News
session in Chicago on speculation that drought-like weather the
past two months has damaged crops in the U.S., the world's
largest grower and exporter.
Crop conditions may deteriorate for a fourth consecutive
week because of dry, warm weather in Iowa, Minnesota, Nebraska,
North Dakota and South Dakota, said Gary Rhea, president of Risk
Management Partners in Des Moines, Iowa. Some fields got less
than 25 percent of normal rain the past 60 days, data from the
High Plains Regional Climate Center in Lincoln, Nebraska, show.
Read more at Bloomberg Commodities News
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