Monday, 02 July 2007

Wheat Falls as Farmers Speed Up Winter Crop Harvest in Illinois, Indiana

(Bloomberg) -- Wheat futures fell in Chicago as U.S.
farmers sped up the harvest of the soft-red winter crop.

The harvest was 73 percent complete in Illinois on June 24,
more than the five-year average of 53 percent, the U.S.
Department of Agriculture said last week. Indiana farmers had cut
36 percent of their crops, more than the five-year average of 26
percent. The USDA will update the harvest figures at 4 p.m. today
in Washington.


Read more at Bloomberg Commodities News

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