(Bloomberg) -- Soybean futures in Chicago fell from
a 35-month high on speculation rains may reach dry fields from
Illinois to Ohio, improving seed germination and early
development of the second-biggest U.S. crop.
Midday updates from the National Weather Service indicated
some fields east of the Mississippi River, which received less
than 25 percent of normal rain in May, will get as much as
1.25 inches (3.2 centimeters) in two separate storms in the next
10 days, said Fred Gesser, senior global meteorologist for
Planalytics Inc. in Wayne, Pennsylvania.
Read more at Bloomberg Commodities News
a 35-month high on speculation rains may reach dry fields from
Illinois to Ohio, improving seed germination and early
development of the second-biggest U.S. crop.
Midday updates from the National Weather Service indicated
some fields east of the Mississippi River, which received less
than 25 percent of normal rain in May, will get as much as
1.25 inches (3.2 centimeters) in two separate storms in the next
10 days, said Fred Gesser, senior global meteorologist for
Planalytics Inc. in Wayne, Pennsylvania.
Read more at Bloomberg Commodities News
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