Friday, May 25, 2007

Wheat Rises as Rain and Wind Batter Freeze-Damaged Crops on U.S. Plains

(Bloomberg) -- Wheat rose in Chicago and Kansas City
as rain and wind damaged crops already hurt by an early April
freeze in the U.S. southern Great Plains.

Parts of Kansas and Oklahoma, the largest U.S. growers of
hard-red winter wheat used to make bread and flour, have
received as much as six times normal moisture in the past week,
flooding fields and knocking down weakened plants. As much as
7.1 inches (18 centimeters) of rain fell yesterday in
Hutchinson, Kansas, according to the National Weather Service.


Read more at Bloomberg Commodities News

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