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Wheat Market Report
Fri 10 Feb 2012 10:42:01 CT
Related Keywords: Agriculture
Related Keywords: Agriculture
Mid-Session Wheat Market Report
March wheat opened 10 cents lower on the session at 636 and established an early range of 635 1/4 to 643 1/2. Bearish outside market forces with a surge up in the US dollar and weakness in the other commodity markets helped to pressure the market early today. The early set-back pushed the market down to the lowest level since January 30th before a bounce into the mid-session. Follow-through technical selling after the bearish USDA news yesterday added to the selling pressure early.
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