(Bloomberg) -- Soybeans rose in Chicago for the
second time in three days on speculation that unusually hot, dry
weather will slow new-plant growth and damage crops in the U.S.,
the world's largest producer and exporter.
Temperatures will jump as much as 6 degrees Fahrenheit
above normal the next two weeks and rains will be half their
normal amount, increasing stress for young soybean plants, said
Dave Streit, a meteorologist for CropCast Services Inc. in
Rockville, Maryland. Abnormally dry conditions and pockets of
extreme drought already exist from Florida to Ohio.
Read more at Bloomberg Commodities News
second time in three days on speculation that unusually hot, dry
weather will slow new-plant growth and damage crops in the U.S.,
the world's largest producer and exporter.
Temperatures will jump as much as 6 degrees Fahrenheit
above normal the next two weeks and rains will be half their
normal amount, increasing stress for young soybean plants, said
Dave Streit, a meteorologist for CropCast Services Inc. in
Rockville, Maryland. Abnormally dry conditions and pockets of
extreme drought already exist from Florida to Ohio.
Read more at Bloomberg Commodities News
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