Wheat Shrugs Off Unemployment Numbers
Sep 02, 2011
Kansas City wheat futures traded quietly higher today, shrugging off disappointing unemployment numbers released this morning, according to traders.
The U.S. unemployment rate for August held steady at 9.1%, leading to a sharp sell off in the U.S. stock market, according to reports.
Chicago corn futures led grain markets higher today, after a private firm released their U.S. corn production numbers yesterday, traders said.
The Kansas City Board of Trade will be closed on Monday in observance of the Labor Day Holiday.
The KCBT, founded in 1856, is Kansas City's oldest business and the world's largest futures market for hard red winter wheat. Daily quotes, market commentary, historical data and charting services are available on our website at www.kcbt.com.
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