(Bloomberg) -- Wheat futures rose in Chicago and
Kansas City after an analyst predicted the U.S. winter-wheat crop
would be smaller than the government forecast last month.
U.S. growers will produce 1.583 billion bushels this year,
1.6 percent less than the U.S. Department of Agriculture's June
11 estimate of 1.609 billion bushels, Informa Economics Inc. said
today in a report to clients. As much as six times normal
moisture fell in the southern Great Plains in the past month,
delaying the harvest and damaging plants.
Read more at Bloomberg Commodities News
Kansas City after an analyst predicted the U.S. winter-wheat crop
would be smaller than the government forecast last month.
U.S. growers will produce 1.583 billion bushels this year,
1.6 percent less than the U.S. Department of Agriculture's June
11 estimate of 1.609 billion bushels, Informa Economics Inc. said
today in a report to clients. As much as six times normal
moisture fell in the southern Great Plains in the past month,
delaying the harvest and damaging plants.
Read more at Bloomberg Commodities News
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