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2009-11-20

2009-11-18

2009-11-05

Agriculture

Lifestyles

Monday, October 26, 2009 1:11 PM

KC wheat lower as dollar turns firmer

From the Kansas City Board of Trade

Kansas City wheat futures opened higher this morning on follow-through strength from the overnight session but turned lower as the U.S. dollar strengthened throughout the course of the morning, traders said.

Corn and soybean futures broke hard after the opening, traders said, due to some farmer selling.

There was not a lot of news for wheat futures, and outside markets were giving wheat some direction. Crude oil was trading lower at midday.

KC Dec wheat was 12 1/2 cents lower at $5.37 at midday.

CASH GRAIN: There were a few cars around in the marketplace, with mid 11 protein levels trading firmer, according to traders.

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KC wheat lower as dollar turns firmer

From the Kansas City Board of Trade

E-mail this story to a friend | Print this article | Enjoy the convenience of home delivery of The Ottawa Herald.

E-mail this story to a friend | Print this article |
Enjoy the convenience of home delivery of The Ottawa Herald.