Wednesday, May 23, 2007

Wheat Futures Rise in Chicago After Wind Topples Freeze-Damaged Plants

(Bloomberg) -- Wheat rose in Chicago and Kansas City
after high winds in the central U.S. toppled some of the plants
damaged by a freeze in April.

Temperatures on April 7 fell as low as 17 degrees Fahrenheit
(minus 8 Celsius) from Kansas to Ohio. A freeze at those
temperatures can make wheat stems much more susceptible to
damage, according to a report from Kansas State University.


Read more at Bloomberg Commodities News

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