Wheat futures on the Chicago Board of Trade rose for a fourth straight session on Thursday, with the front contract gaining against back months on short-covering and concerns about crop damage from a US cold spell, traders said. K.C. hard red winter and MGEX spring wheat also closed higher, following as front-month CBOT wheat reached $5.59 a bushel, its highest since August 29.
Temperatures fell to minus 10 to minus 12 degrees Fahrenheit (minus 23 to minus 24 Celsius) early Thursday in western Nebraska and north-east Colorado, cold enough to kill plants in a few scattered areas that lacked snow cover.
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