After gains of $0.20 to $0.25 over the course of last week, the wheat markets came back on Monday and tanked. Browsing over the futures, it was hard to avoid the locked limit down soybean contracts.
Wheat has bounced some in early trade on Tuesday. As of 8 o’clock this morning, nearby contracts were posting four to five cent gains. The deferreds, however, are still in negative territory. CLICK HERE to see the current markets.
© Northern Ag Network 2012