Rural commodities were mixed on Thursday as drought continued to rage in the US and Russia, weighing down on potential crops. Meanwhile, better weather conditions in India and Brazil are expected to improve harvest of coffee and sugar.
Wheat posted the largest gain in almost two weeks as Austrian and Russian harvests are likely to be much lower than estimated amid adverse weather.
Corn was slightly higher on supply concerns; however, speculation that high prices are denting demand for US exports created heavy selling pressure on the commodity.
Sugar slumped for 11th session in a row as better weather conditions in Brazil and India are expected to improve harvest prospects in the world's largest and second-largest growers.
Coffee extended the longest drop in 31 months as global supplies are rising due to better weather in Brazil and higher crops in Colombia.