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Corn Swings as Traders Weigh Crop Tour Results, Dry Weather

  • Dry, hot weather is hampering output across US, EU and China
  • US crop tour highlights toll of extreme heat on plants
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Corn futures swung in Chicago as traders await results from a US crop tour and unfavorable weather hits key-growing countries.

A crop tour taking place this week has highlighted the toll that extreme heat has wrought on crops in the western US Midwest. A dry spell in China and the European Union are also threatening harvests.