Wheat gained today on the speculation hot weather and drought in the US will reduce output.
Amount of precipitation in some parts of the US was only quarter compared to the normal for this part of the year. Crops were already harmed by adverse weather in the second part of the last year. The US Department of Agriculture predicts output of hard,
Futures for delivery of wheat in December gained $0.0725 (1 percent) to $7.5925 per bushel as of 10:31 on CBoT after it earlier reached $7.6775, the highest price for a
If you have any questions and comments on the commodities today, use the form below to reply.