MORE PAIN FOR GRAINS: Corn, wheat and soybeans continued to rise with no relief from the drought blanketing farming states. December corn rose 7.25 cents to $8.2375 a bushel and September wheat rose 13.75 cents to $9.13 a bushel.
THE DROUGHT: The weekly U.S. Drought Monitor map indicated that the area with extreme or exceptional drought rose to 24 percent, up nearly 2 percentage points from the previous week.
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