(Bloomberg) -- Wheat rose for a second day in
Chicago, erasing an earlier decline, on reports that yields in
parts of the U.S. Great Plains may be 50 percent less than
expected a month ago because rains damaged maturing plants.
Farmers are getting 20 bushels to 40 bushels of grain per
acre in some areas, compared with the 50 to 60 bushels they
expected a month ago before rains caused disease and knocked down
plants, said Mark Hodges, executive director of the Oklahoma
Wheat Commission in Oklahoma City.
Read more at Bloomberg Commodities News
Chicago, erasing an earlier decline, on reports that yields in
parts of the U.S. Great Plains may be 50 percent less than
expected a month ago because rains damaged maturing plants.
Farmers are getting 20 bushels to 40 bushels of grain per
acre in some areas, compared with the 50 to 60 bushels they
expected a month ago before rains caused disease and knocked down
plants, said Mark Hodges, executive director of the Oklahoma
Wheat Commission in Oklahoma City.
Read more at Bloomberg Commodities News
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