US MIDDAY: wheat higher on buying

22 Sep, 2004

Soft red winter (SRW) wheat futures at the Chicago Board of Trade turned higher early on Tuesday on buying of calls in the wheat options pit, traders said.
At 10:20 am CDT (1520 GMT), CBOT wheat was up 4 to 5-3/4 cents per bushel, with December up 5-1/2 at $3.34-1/4 per bushel.
Wheat futures were expected to trade lower on Tuesday on improved harvest weather for the US and Canadian spring wheat crops.

Read Comments