US MIDDAY: wheat climbs

21 Aug, 2008

September wheat was up 14-1/4 cents at $8.59-1/2 per bushel, December was up 15 at $8.85-1/4. Spillover from early strength in corn and soyabeans. Wheat market remains volatile and technically driven. Gains limited by big global wheat production. Pakistan again postpones 250,000 tonne wheat tender.

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