Quiet, Lower Trade in KC Wheat
Nov 04, 2011
Kansas City wheat futures traded lower this morning on influence from outside markets and in a very quiet session, according to traders.
The U.S. Dollar was trading higher this morning, weighing on commodity markets, traders said. While yesterday markets reacted positively to the cancellation of Greece's referendum there were new concerns out of the G20 summit regarding the European debt crisis this morning, according to reports.
Some rains continue to be in the forecast for HRW wheat areas, also weighing on Kansas City prices, traders said.
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