CBOT wheat up on crop damage worry in major growers.

Prices of wheat rise on the CBOT due to concerns of crop damage in major producers and exporters of the grain such as Australia and the US. Winter wheat output in the US may fall to a decade low due to drought-like situation in the country. In Australia, wheat planting is underway but there are fears of a weak yield due to inadequate soil moisture following prolonged dry weather conditions.