(Bloomberg) -- Soybeans rose for a fourth straight
session in Chicago, extending a rally to a three-year high, on
speculation that hot, dry weather may damage U.S. crops west of
the Mississippi River.
Parts of the western Midwest might get less than 25 percent
of the normal amount of rain in the next three weeks, and
temperatures will approach 100 degrees Fahrenheit (38 Celsius)
starting July 19, said Joel Widenor, a meteorologist for
CropCast Services Inc. in Rockville, Maryland. About a quarter
of crops in the Midwest may be at risk, he said.
Read more at Bloomberg Commodities News
session in Chicago, extending a rally to a three-year high, on
speculation that hot, dry weather may damage U.S. crops west of
the Mississippi River.
Parts of the western Midwest might get less than 25 percent
of the normal amount of rain in the next three weeks, and
temperatures will approach 100 degrees Fahrenheit (38 Celsius)
starting July 19, said Joel Widenor, a meteorologist for
CropCast Services Inc. in Rockville, Maryland. About a quarter
of crops in the Midwest may be at risk, he said.
Read more at Bloomberg Commodities News
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