The condition of the U.S. winter- wheat crop improved last week after rain fell in growing areas in the Midwest. The cotton harvest neared completion.
Rainfall is set to return to sugar- cane growing areas of Brazil, the world’s largest producer, in the second half of October, according to World Weather Inc.
Cocoa growing areas in Ivory Coast and Ghana, the world’s largest producers, will get improved rainfall in the next two weeks, according to World Weather Inc.
The U.S. winter-wheat crop deteriorated as extended dry weather slows plant development in the Great Plains. Corn and soybean harvests were nearing completion.
Cotton rose to the highest price in more than six weeks as the worst flooding in a decade reduces production in China, the world’s largest grower and user of the fiber. Orange-juice futures fell.
"The rains have been a little bit slow in leaving the coastal areas."
- Drew Lerner on Jan 08, 2013