Thursday, October 15, 2020

"GRAINS-Wheat Soars to 5-Year High, Corn Hits 14-Month High"

 From Reuters via AgWeb, 04:09PM Oct 15, 2020:

Chicago wheat futures rallied to five-year highs on Thursday, as cuts to Argentina's wheat outlook brought into focus the potential global supply damage possible due to dryness in top wheat producing countries, trader said.

Corn followed wheat, climbing to 14-month highs and soybeans ended higher as exports continue.

The most-active wheat contract on the Chicago Board of Trade added 21-1/2 cents to $6.18-1/4 per bushel, the highest since Dec. 29, 2014....