U.S. grain and soybean futures jumped to one-week highs on Wednesday as rains threatened to further delay corn and soy plantings and put crop yields at risk, reports Reuters.
Heavy rains stalled plantings this spring and traders remain unsure about how many acres of corn and soy will be planted and how much the harvests will yield.
Now, more rain is expected across the Corn Belt, including parts of Missouri, Illinois, Indiana and Iowa.
