date:Sep 06, 2012
d little impact on U.S. wheat crops, even as it has decimated the nation's corn crop this year and greatly reduced the soy crop's potential harvest. The crop of so-called spring wheat growing in the upper Midwest, which has now mostly been harvested, lay largely out of reach of the hot, dry weather that intensified this summer in areas farther south, from Kansas to Indiana.
Wheat futures surged to a four-year closing high in July as the drought triggered record corn prices. But wheat has fallen