Markets
CBOT wheat pares gains, dips on technical selling
CHICAGO: Wheat futures on the Chicago Board of Trade pared early gains and briefly turned lower on Friday on technical
CHICAGO: Wheat futures on the Chicago Board of Trade pared early gains and briefly turned lower on Friday on technical selling including profit-taking, traders said.
As of 11:40 a.m. CST (1740 GMT), CBOT March wheat was down 1 cent at $7.78-1/2 per bushel. The contract rose to an intraday high of $7.90 but retreated after it failed to surpass Thursday's peak of $7.91.
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