(Bloomberg) -- Corn fell to a one-week low in
Chicago on speculation that the highest U.S. crop ratings since
1991 signal farmers will harvest more grain than forecast a
month ago.
About 78 percent of the crop was rated good or excellent as
of June 3, unchanged for the third consecutive week and up from
71 percent a year earlier, the Department of Agriculture said
June 4. About 94 percent of the corn that farmers intended to
plant had emerged from the soil, compared with the five-year
average of 93 percent. Corn is the biggest U.S. crop.
Read more at Bloomberg Commodities News
Chicago on speculation that the highest U.S. crop ratings since
1991 signal farmers will harvest more grain than forecast a
month ago.
About 78 percent of the crop was rated good or excellent as
of June 3, unchanged for the third consecutive week and up from
71 percent a year earlier, the Department of Agriculture said
June 4. About 94 percent of the corn that farmers intended to
plant had emerged from the soil, compared with the five-year
average of 93 percent. Corn is the biggest U.S. crop.
Read more at Bloomberg Commodities News
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