US wheat contracts further down as maize veers up

11.06.2021

Chicago wheat futures lost ground for a second session on Thursday, with forecasts of rains in drought-hit U.S. and Canadian producing areas weighing on the market and traders awaiting a key U.S. government report later in the day.

Corn extended Wednesday's strong gains, while soybeans edged higher.

"The weather outlook seems to be evolving in...