(Bloomberg) -- Corn jumped to the highest in 11
weeks in Chicago on speculation that demand for the grain will
increase after a drop in winter-wheat production reduced
supplies of livestock feed.
Five percent of the wheat crop was cut as of June 10,
compared with 17 percent last year, and more rain in the next
five days may reduce output. Wheat futures have surged to the
highest in 11 years, and corn has jumped 5.9 percent this week.
Read more at Bloomberg Commodities News
weeks in Chicago on speculation that demand for the grain will
increase after a drop in winter-wheat production reduced
supplies of livestock feed.
Five percent of the wheat crop was cut as of June 10,
compared with 17 percent last year, and more rain in the next
five days may reduce output. Wheat futures have surged to the
highest in 11 years, and corn has jumped 5.9 percent this week.
Read more at Bloomberg Commodities News
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