Wheat futures fall as record Treasury yields lift the dollar
Wheat futures were lower as record highs in Treasury yields strengthened the U.S. dollar, weighing on grains overall, with Linn & Associates noting wheat is often hit hardest in this setup.
S. dollar pressured commodities broadly, Brian Pullam of Linn & Associates said. "Usually when we see this type of trade, wheat gets the brunt of the selling in grains," he said.