Wheat Falls for Second Day as Rain Seen Aiding U.S. Crops
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Wheat futures fell for the second straight day as a forecast for rain eased crop concerns in the U.S., the world’s largest exporter. Soybeans rose, and corn dropped.
Oklahoma and parts of Kansas and Texas will get as much as to 0.6 inch (1.5 centimeters) of rain today with more expected in the next two weeks, according to Commodity Weather Group in Bethesda, Maryland. Crop conditions in Kansas and Texas deteriorated in the week ended March 23, government data showed on March 24.