11. Kansas City and Chicago wheat futures prices closed mostly higher Wednesday, with new-crop prices gaining on weather concerns. 12. Kansas City and Chicago wheat futures prices rose Thursday on weather concerns. 13. Market and trade analysts agree there is strong upward potential for corn prices in the coming months because of a combination of weather concerns and booming exports. 14. Market volatility came on weather concerns, tight stocks of wheat and anticipation of the upcoming delivery period. 15. On other markets, soybeans, corn and coffee all rose on weather concerns. 16. Prospects for new U.S. export credits to Russia also helped prices, as did dry weather concerns for some winter-wheat producing states. 17. Scorching Midwest weather fueled concern that fields could be harmed in the days ahead, though no immediate threat looms, traders said. 18. Weather concerns spurred the increase, he said. 19. Western Natural Gas futures continued their upward trend on cold weather concerns and higher cash prices. 20. While the issue is causing tension between the two countries, wheat prices on the Chicago Board of Trade have been affected more by weather concerns than trade disputes. |