(Bloomberg) -- Chicago wheat futures fell for a second day after U.S. government reports showed the winter wheat crop in better condition than a year ago, allaying concern about damage from cold weather.
About 54 percent of winter wheat was in good or excellent condition as of April 22, down from 55 percent a week earlier and 71 percent when the crop was first rated on April 1, the U.S. Agriculture Department said yesterday in a report. A year earlier, just 39 percent of the crop got the top ratings after months of drought on the southern Great Plains.
Read more at Bloomberg Commodities News
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