(Bloomberg) -- Corn futures fell in Chicago on
speculation that rains will boost prospects for crops threatened
by dry conditions in the eastern Midwest, including Illinois,
Indiana and Ohio.
As much as 1 inch of rain may fall through the weekend in
eastern Midwest fields that have received 25 percent of normal
rainfall the past month, said John Dee, president of Global
Weather Monitoring in Mohawk, Michigan. An additional half-inch
may fall over most of the Midwest early next week, Dee said.
Read more at Bloomberg Commodities News
speculation that rains will boost prospects for crops threatened
by dry conditions in the eastern Midwest, including Illinois,
Indiana and Ohio.
As much as 1 inch of rain may fall through the weekend in
eastern Midwest fields that have received 25 percent of normal
rainfall the past month, said John Dee, president of Global
Weather Monitoring in Mohawk, Michigan. An additional half-inch
may fall over most of the Midwest early next week, Dee said.
Read more at Bloomberg Commodities News
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