Markets
US wheat futures rise as corn rallies
CHICAGO : US wheat futures rose Monday, following a sharp rally in the corn market amid renewed concerns about US cr
1 min
By
The US Agriculture Department said weekly wheat export inspections were 16.2 million bushels, below forecasts for 20 million to 25 million.
Iran plans to export 2 million tonnes of wheat - report.
Indonesia, the top Asian wheat importer, bought 20 percent more wheat in June and July and imports are expected to remain higher throughout August- Indonesian Wheat Flour Mills Association.
Northern US Plains seen mostly dry until a few light showers arrive on Wednesday. Temperatures seen near to above normal.
Ukraine's wheat exports were 4.16 million tonnes in 2010/11 - UkrAgroConsult. Ukraine's wheat yield so far this year 3.36 tonnes per hectare vs 2.80 tonnes per hectare a year ago.
Copyright Reuters, 2011