U.S. Cold Blast Threatens Winter Wheat, Cattle

  • Winter wheat futures near 1-month high on Chicago exchange
  • Temperatures seen 15 to 25 degrees below normal, NWS says
Freezing Temperatures Drive Up Nat Gas Prices
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Bitterly cold weather in the middle of the U.S. is threatening wheat plants as cattle battle to stay warm.

A wide swath of the U.S. wheat belt faced readings below 0 Fahrenheit (-18 Celsius) on Monday, damaging crops that didn’t have a protective layer of snow, according to World Weather Inc. Temperatures through Jan. 4 are forecast at 15 to 25 degrees below normal from the Southern Plains to Ohio Valley, the National Weather Service forecasts. The chill can also slow grain movement as ice builds on rivers and railways.