(Bloomberg) --Soybeans rose for a sixth consecutive
session in Chicago, extending a rally to a three-year high, on
forecasts for expanding drought conditions that may threaten
U.S. crops.
The hottest, driest weather since at least 1995 will start
July 18 in the Midwest and extend into August, drying soils and
increasing stress on plants west of the Mississippi River, said
Fred Gesser, senior global meteorologist for Planalytics Inc. in
Wayne, Pennsylvania. Temperatures may rise to 102 degrees
Fahrenheit (39 Celsius) beginning July 22, Gesser said.
Read more at Bloomberg Commodities News
session in Chicago, extending a rally to a three-year high, on
forecasts for expanding drought conditions that may threaten
U.S. crops.
The hottest, driest weather since at least 1995 will start
July 18 in the Midwest and extend into August, drying soils and
increasing stress on plants west of the Mississippi River, said
Fred Gesser, senior global meteorologist for Planalytics Inc. in
Wayne, Pennsylvania. Temperatures may rise to 102 degrees
Fahrenheit (39 Celsius) beginning July 22, Gesser said.
Read more at Bloomberg Commodities News
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