date:Nov 06, 2012
ts off of the early lows to trade moderately higher on the day into the mid-session.
At one point, July KC wheat was up 14 1/4 cents on the session and up to a 17-month high. Deteriorating crop conditions in the plains, a forecast for warm and dry weather over the next week and news of another downgrade in Argentina production were all seen as positive forces which helped to support.
Kansas City wheat gained on Chicago wheat today; especially for the new crop. Weekly export sales came in at