GRAIN HIGHLIGHTS : Top Stories of the Day
Wheat Futures Sink With Rain On The Way Wheat for September delivery fell 1.9% to $6.52 3/4 a bushel on the Chicago Board of Trade on Friday, in anticipation of rainfall arriving in the Northern Plains over the course of the holiday weekend. Corn for December delivery fell 1.6% to $5.79 3/4 a bushel. Soybeans for November delivery rose 0.3% at $13.99 a bushel. Weather forecasts predict more rainfall in parched Northern Plains growing areas, where wheat is the primary crop being hurt by drought conditions. "The weather forecasts on a Friday before a weekend are usually ignored, even mo...
Source: marketscreener.com