US MIDDAY: wheat rises

17 Mar, 2009

Chicago Board of Trade wheat futures rose early on Monday on fears of dry weather in the US Plains damaging the emerging winter wheat crop, traders said. At 9:42 am CDT (1442 GMT), CBOT May wheat was up 13-1/2 cents at $5.31-3/4 a bushel.
Kansas City Board of Trade hard red winter wheat for May delivery gained 12-3/4 cents to $5.82-3/4 and Minneapolis Grain Exchange spring wheat for May rose 16-3/4 cents to $6.26.

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