CBoT wheat futures rise to a 10-moants high this morning as traders are worried about the critical dryness in the US plains and the harvest is likely to be smaller.
In the US wheat-growing regions it was hot and dry on the long weekend. More bad news from Australia and Russia, both major exporters of wheat, have to do with unfavorable weather.
Text: HANSA Derivatives Trading GmbH / / Graphic: Saxo-Trader