Markets

CBOT late call-Wheat up 1-2pc; unchanged from earlier

Published Updated

CBOT soft red winter wheat was up 1-1/4 to 2-1/4 cents during overnight Globex trading. Kansas City Board of Trade hard red winter wheat fell 1/4 to 1/2 cent while MGEX spring wheat rose 1 to 7-3/4 cents a bushel.

Dry weather returning to drought-plagued US Plains hard red winter wheat region.

Iraq bought 350,000 tonnes of wheat in tender for just 50,000 tonnes. Deal includes Canadian, Russian and Australian wheat - European traders.

Copyright Reuters, 2010