CHICAGO, July 17 (Xinhua) -- Chicago Board of Trade (CBOT) crop futures Wednesday reversed the downtrend in the past two sessions as a heat wave is approaching the U.S. grain belt.
A major heat wave is expected for two-thirds of the United States, especially the Midwest agricultural states, which has prompted the U.S. National Weather Service to issue a series of excessive heat warnings and heat advisories.
The weather forecaster said that "a dangerous and widespread" summer heat wave is expected through this upcoming weekend across much of Iowa, Illinois, Nebraska, Kansas, Missouri, Oklahoma and Arkansas states, with temperatures in some locations possibly rising over 40 degrees Celsius.
Despite sporadic showers, the heat wave can stress and damage some crops, said experts.
As of 1549 GMT Wednesday, the most active corn contract for December delivery was up 2.75 cents to 4.44 U.S. dollars per bushel. November soybeans were up 1.5 cents to 9.075 dollars per bushel. September wheat was up 0.5 cent, to 5.08 dollars per bushel. Enditem
