CBOT wheat falls, hovers near 3-1/2-month low
Bullish strength: 20/100
Bearish strength: 80/100
- December CBOT soft red winter wheat fell 5.75 cents to $6.10¼ per bushel.
- The most-active wheat contract touched its lowest price since July 9.
- A stronger U.S. dollar raised concerns about export demand and competitiveness.
- Traders continued assessing the potential for Black Sea grain exports.
- Winter wheat seeding reached 76% completion, ahead of analyst estimates.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.