US MIDDAY: wheat rises

04 Sep, 2008

Wheat futures on the Chicago Board of Trade climbed to the day's highs past midday on Wednesday, buoyed by news of US wheat sales to Egypt and short-covering, traders said. As of 12:28 pm CDT (1728 GMT), CBOT December wheat was up 12-1/4 cents at $7.79 per bushel. Kansas City Board of Trade December wheat was up 7 cents at $8.18-1/4 and Minneapolis Grain Exchange December spring wheat was up 5-3/4 cents at $8.46.

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