Agricultural commodities were mixed on Wednesday as weather conditions in Brazil and India are expected to remain favorable while US crops may be worse than estimated. At the same time, broadly stronger US Dollar weighted down on the farm commodities.
Wheat halted its slump on speculation that US government may have underestimated harvest damage from the most severe drought since 1936.
Corn erased previous losses as expected rains next week are likely to be light and will not manage to ease crop stress.
Sugar futures declined as long-awaited rains in India are expected to improve sweetener's output in the country.
Coffee extended its decline as dry weather in Brazil allowed accelerating harvest in the top-growing regions.