U.S. wheat, corn bounce off multi-month lows ahead of USDA report
date:Jun 12, 2014
$6.0120, down 1.84%, or 11.2 cents.

Wheat prices have been under heavy selling pressure in recent weeks as market players liquidated long positions amid easing concerns over tightening global supplies.

According to the USDA, nearly 95% of the U.S. spring wheat crop was planted as of June 8, improving from 88% in the preceding week.

Elsewhere on the CBOT, U.S. corn for July delivery eased up 0.22%, or 0.97 cents, to trade at $4.4638 a bushel. Corn slumped to $4.4460 on Tuesday, the lowest sinc
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