date:Jun 04, 2014
Front-month wheat futures on the Chicago Board of Trade fell for a ninth straight session on Monday, their longest skid since 1994, on technical selling and expectations of adequate global wheat stockpiles in 2014/15, dealers said. Spot July wheat has declined in 17 of the last 18 sessions and fell to a three-month low of $6.16-1/2 per bushel before settling at $6.20-3/4. The contract stayed above a chart gap between $6.16 and $6.10-1/2 established on March 3.
CBOT September wheat lost ground