News list for " Drought"
Gold Ten Futures, September 19, according to foreign media reports, on Wednesday, CBOT soybean futures closed higher, because the market is worried that the hot and dry weather in the top producer Brazil may threaten soybean planting, triggering short cover. The weather agency Maxar said that the delay of the rainy season in Brazil has caused water shortage in most areas, including Mato Grosso state, the top soybean producing area. Traders said that the current lack of rain is not enough to caus...
Gold Ten Futures, August 29th, USDA's latest drought report shows that about 12% of U.S. soybean growing areas were affected by drought in the week ended August 27, compared to 8% in the previous week and 40% in the same period last year. About 8% of U.S. corn growing areas were affected by drought, compared to 7% in the previous week and 45% in the same period last year. About 43% of U.S. cotton growing areas were affected by drought, compared to 30% in the previous week and 37% in the same per...
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