date:Sep 15, 2012
g to have to see demand starting to be confirmed here, or else this current support will start to fade quickly, he said.
Wheat also rose as some market participants bought futures on the view that forecasts this week by the U.S. Department of Agriculture didn't sufficiently account for tightening world supplies. The problems that we've had with wheat haven't really been noted in the USDA report; some of the traders feel that way, said Dustin Johnson, a broker at EHedger in Illinois.