date:Dec 24, 2012
see wheat prices higher this morning. Indeed, given the corn and bean gains, it is rather surprising that wheat isnt higher.
That is especially true in light of a statement from a major German grain trading firm indicating that U.S. wheat is most competitively priced on the international markets at this time. Ultimately, having the March CBOT contract drop below the psychologically important $8.00 level yesterday may prove a major hindrance to short-term rally attempts. March CBOT wheat rose 3