Monday, June 25, 2007

Wheat Rises as Thunderstorms Delay Harvesting of Crops in Oklahoma, Texas

(Bloomberg) -- Wheat rose in Kansas City and
Chicago as rains delayed harvests in parts of Oklahoma and
Texas, hurting yields and grain quality.

A ``daily chance of thundershowers'' threatens crops in
both states, Meteorlogix LLC said. As much as six times normal
rain fell in the past 30 days, according to National Weather
Service data, keeping machinery out of muddy fields. Yields in
some areas aren't as high as they were expected to be before an
April freeze damaged plants.


Read more at Bloomberg Commodities News

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