US wheat, maize futures face setback on dwindling weather woes

15.10.2020

Chicago soybean futures rose on Wednesday, supported by a lack of rain in top producer Brazil, though gains were capped by rapid progress with the U.S. harvest. Corn and wheat futures, meanwhile, lost ground.

"U.S. harvesting of soybeans and corn is progressing well, but Brazilian weather is key for prices," said...