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Wheat rebounds from 12-day low as rain expected in US growing regions
date:May 26, 2016
day.
The most active corn futures were little changed at $3.97-3/4 a bushel, after closing Tuesday nearly unchanged.
Showers in the U.S. Plains winter wheat belt will diminish in the southwest the rest of this week allowing some improvement in harvest conditions, but southeastern areas remain unfavorably wet, Commodity Weather Group said.
The U.S. corn crop was 86 percent planted by Sunday, ahead of the five-year average of 85 percent but behind an average of analyst expectations for 88 percent.

12/24 11:02