Soybean Futures Rise as Wet Weather Delays U.S. Harvest
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Soybean futures rose on speculation the harvest will slow because of cold, wet weather in central areas of the U.S., the world’s biggest producer. Corn and wheat prices fell.
Southern Nebraska and central Kansas were at risk of frost or freezing weather this morning and may get frost tomorrow, National Weather Service data show. Western and northern areas of the Midwest had at least an inch (2.5 centimeters) of rain in the past week. The U.S. Department of Agriculture hasn’t issued data on crop conditions since the partial government shutdown began this month.