date:Feb 06, 2013
to be upbeat on the Brazilian outlook with some estimates as high as 85 million tonnes while others are coming in between 81-82 million tonnes. The USDA is currently estimating production at 82.50 million tonnes.
Wheat Futures Finished Lower
March Wheat finished down 2 at 763, 11 off the high and 2 up from the low. May Wheat closed down 2 1/2 at 770 3/4. This was 2 up from the low and 11 off the high.
KC and Chicago wheat traded lower into the closing bell on weak export demand data which fav