South African Wheat Price Falls as Rain May Help Crop in China
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Wheat fell for a second day in South Africa on speculation wet weather will benefit the crop in China.
China’s drought-affected areas are forecast to get 5 millimeters (0.2 inch) to 15 millimeters of rain or snow beginning tomorrow through Feb. 28, with some regions in three provinces including Henan getting as much as 55 millimeters, the National Meteorological Center said on its website today.