date:Dec 29, 2012
om the low and 5 3/4 off the high.
KC and Chicago wheat traded lower on the day but recovered off the session lows late in the session on rumors that US exporters may have sold wheat cargos on the slide in prices over the last 48 hours.
Early losses were triggered by a risk off tone that swept across the outside markets as many fear no fiscal deal will be reached in Washington DC.
Additional pressure came from technical selling and the absence of any significant export tenders this week. Ch