CBOT Wheat Falls to 3-1/2-Month Low on Selling Pressure
Chicago Board of Trade wheat futures fell to their lowest level in more than three months on Tuesday, pressured by technical selling, fund liquidation and lower corn and soybean prices.
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07:25:25 PM UTC
SquawkNews
By Karl PlumeUS soybean futures slid to a fresh two-month low on Tuesday while corn fell to a 2-1/2-month low on fund long liquidation and pressure from active harvesting of what are expected to be bumper US crops.Wheat futures followed corn and soybeans lower, sinking to the lowest point since mid…
CBOT wheat futures dropped to a more than three-month low on Tuesday, pressured by technical selling, fund liquidation and weakness in corn and soybeans.