Drought Conditions Persist For Wheat
Thursday, January 3, 2013 Wheat futures have been in steady decline since November, largely due to soft export demand and lack of outside market support. More recently, the price declines decreased in ferocity due to the “Fiscal Cliff” talks, which took a toll on the risk markets of equities and commodities. Now that this has [...]
Thursday, January 3, 2013
Wheat futures have been in steady decline since November, largely due to soft export demand and lack of outside market support. More recently, the price declines decreased in ferocity due to the “Fiscal Cliff” talks, which took a toll on the risk markets of equities and commodities. Now that this has passed and a deal is in place, the markets should now trade on their own merit. Wheat conditions have deteriorated across much of the growing region. Argentina has had a … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards