Soy Rises as Dry Weather Hurts South America Crop; Corn Steady
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Soybeans rose for the third straight session on speculation that adverse weather in South America will cut production, boosting demand for U.S. supplies. Corn was unchanged.
Hot, dry weather will continue to stress crops in Argentina, Paraguay and southern Brazil in the next six days before light rains, T-Storm Weather LLC said in a report. Precipitation will be less than normal and allow for additional soil-moisture evaporation, the forecaster said.