Soybean prices are at an all-time high as crops wilt under a blanket of hot, dry weather.
The hot, dry weather is causing corn and soybean conditions to erode. Forecasts don't call for significant rainfall at least through the end of the month.
Wheat prices are at levels not seen since 2008. Traders are questioning how much of the crop in Russia and the Black Sea region has been hurt by adverse weather.
The prospect of smaller harvests is driving up prices.
In other trading, oil, gasoline and copper are higher. Gold and silver are lower.
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