Grains and Soy Hold Near Lows Ahead of US Conditions Report
Corn is holding above the key psychological threshold of $4 a bushel with America's most widely grown crop on track for a record harvest. Meanwhile, soybeans have drifted below $10 a bushel while wheat fell to a 12-week low before ticking slightly higher.
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Bloomberg
5 hours ago
- Bloomberg
Grains and Soy Hold Near Lows Ahead of US Conditions Report
Crop futures were hovering near recent low levels in Chicago as the weather remained broadly favorable for US fields ahead of a weekly conditions report due later Monday. Corn is holding above the key psychological threshold of $4 a bushel with America's most widely grown crop on track for a record harvest. Meanwhile, soybeans have drifted below $10 a bushel while wheat fell to a 12-week low before ticking slightly higher.
Bloomberg
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Hot Summer Nights Push Cooling Systems Hard Across US and Europe
High humidity also makes temperatures feel warmer than they actually are and has helped fuel massive downpours, such as those that flooded New York City in July. Welcome to Weather Watch, our weekly newsletter on how the planet's ever wilder weather patterns are impacting the global economy. Got feedback and forecasts? Write us at weatherteam@ And sign up here if you're not on the list already. This summer is shaping up to be one of the hottest on record for the US and Europe, and it's not just because of scorching daytime conditions.
