date:Sep 25, 2015
ed drought seems closer to becoming a reality.
Australia has trended significantly drier over the past few weeks, with the precipitation patter beginning to resemble a classic El Nino signal, said Mr Tapley, forecasting dry weather over the next 10 days.
December Chicago wheat closed up 2.3% at $5.07 a bushel.
December wheat in Paris closed up 1.8% at E174.50 a tonne.
Opec tap to stay on
Rising wheat lent support to other grains, but a sharp shift in oilmarket sentiment capped gains.
High