date:Jun 27, 2013
e high.
Wheat futures traded higher early in the day but saw pressure late in the session to finish lower on hedge pressure as the harvest pace improves across the US.
Thoughts that demand from Brazil, Latin American, SE Asia, and China will make up for lost demand in the Middle East and North Africa helped to support. Harvest continues to push forward across the Midwest with a continued trend of better than expected yields for each market.
The Chicago CIF market fell sharply lower today as a