(Bloomberg) -- Chicago wheat futures rose to the highest in six months in Asia, extending yesterday's rally after a freeze damaged crops in the U.S., the world's largest exporter of the grain.
Some growers in Kansas, the largest U.S. wheat producer, said half their crop was ruined when temperatures dropped into the upper teens on April 7, according to a report from the Kansas Area Wheat Growers. In Missouri, about 10 percent of the crop was rated good and zero percent excellent as of April 15, compared with 40 percent good and 6 percent excellent a week earlier.
Read more at Bloomberg Commodities News
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