July wheat was up 4 cents at $7.56-1/2 per bushel. Dry weather in eastern Australia lifts values. Australia's eastern wheat regions, which normally account for 30 percent of the country's crop, are unlikely to get sufficient rainfall in the next week to trigger full-scale planting.
But rally limited by seasonal pressure from the start of the US winter wheat harvest, along with declines in corn and crude oil.
Comments
Comments are closed.