Soybeans gain on distress dry weather in U.S. will erode yields

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Source: Bloomberg
© Scanpix/Reuters
Soybeans and corn increased in Chicago as predictions for dry weather in the U.S. Midwest caused distress over yields after rain reduced crop growth this year.  Soybeans for November delivery added 1.3% to $13.0675 per bushel as of 7:10 a.m. on the Chicago Board of Trade, while corn for December delivery climbed 0.8% to $4.7925 a bushel and wheat for December delivery gained 0.9% to $6.5175 per bushel.
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Wed, 21 Aug 2013 14:11:45 GMT

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