Loading…
Wheat futures rose over 1% in U.S. trade as the dollar index dipped. U.S. consumer prices rose 0.4% in November, and USDA reported that wheat inventories could reach 960 million bushels, above earlier forecasts.
Higher-than-expected U.S. stock estimates are bearish for wheat, but a softer dollar and a short-covering bounce give a modest lift to prices.
economies.comRami HaddadDec 13, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
