US MIDDAY: wheat sags

05 Oct, 2007

Wheat futures on the Chicago Board of Trade fell to the day's lows at midsession on Thursday on profit-taking from recent record highs, traders said.
Trade remained volatile after the market-changed direction several times earlier in the morning. As of 11:26 am CDT (1626 GMT), CBOT December wheat was down 10-1/2 cents at $9.16-1/2 per bushel after dipping to $9.12. KCBT December was down 10 at $9.17.Minneapolis Grain Exchange spring wheat was mixed, with December up 1-1/4 cents at $9.10-1/2 per bushel.

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