U.S. Grain Futures Slump
Fears ease over weather planting slowdown
U.S. grain futures fell across the board in early trading on Wednesday, as fears eased about the potential for rain damage to the wheat crop and forecasts of warmer temperatures in the U.S. Midwest opened a narrow planting window for soybean farmers.
According to Reuters, wheat futures dipped to near a one-week low, as the world wheat market continued to take profits from the recent weather-related rally, traders said.