Wheat Trade More Bullish Even as Bear Market Begins
date:Jan 14, 2013
n its buying since last month. The North African nation bought mostly Russian and eastern European cargoes in the second and third quarters last year and French supply from September, data compiled by Bloomberg show.

U.S. exporters sold 2.29 million tons in the four weeks ended Jan. 3, the USDA said yesterday. That included 1 million tons in the week ended Dec. 20, the most since June 2011. Chicago prices were about $1.39 a bushel cheaper than French milling wheat traded on NYSE Liffe in Paris
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