date:Jan 14, 2013
Wheat traders are getting more bullish, even after prices tumbled into a bear market, as demand for U.S. exports strengthened and a drought in the Great Plains threatens to curb next seasons crop.
Twelve analysts surveyed by Bloomberg expect prices to rise next week and eight were bearish. A further six were neutral, making the proportion of bulls the highest since Dec. 7. U.S. exports in the four weeks to Jan. 3 were 77 percent higher than a year earlier, government data show. The U.S. Departm