date:May 24, 2013
of QE.
This sent the metals and energy markets lower but grain markets managed to find support on old crop supply tightness and strong old crop demand influences.
Wires reported midday that more than 50 cargo ships were delayed in the main port of Rosario due to a 3 day old strike by union port workers.
Wheat Futures Closed Higher
July Wheat finished up 8 at 688 1/2, 4 1/4 off the high and 8 1/2 up from the low. December Wheat closed up 7 at 710 1/2. This was 7 1/2 up from the low and 4 1/2