Wheat rises on wet weather in Russia and Ukraine

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Source: Bloomberg
© Scanpix/RS
Wheat increased on Monday raising for the fourth time in last five sessions amid concerns that production in Russian and Ukraine will be reduced by wet weather boosting demand for supplies from the U.S. Wheat for December's settlement advanced by 0.9% to $6.9325 a bushel as of 10:11 a.m. on the CBOT after gaining 0.6% last week.

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Mon, 07 Oct 2013 18:05:04 GMT

Corn heads for 3rd straight gain, soybean falls amid lowered forecast

Corn traded in Chicago advanced on Monday and it is set to expand for the third successive session. While soybean declined after Informa Economics Inc. cut the soybean harvest forecast by 1.5% to 3.176 billion bushel. Corn for settlement in December gained 0.7% to 4.465 a bushel on the CBOT, whereas November soybeans futures fell 0.2% to $12.93 a bushel.

Mon, 07 Oct 2013 17:23:04 GMT

Denmark's industrial output falls in August

Industrial production in Denmark declined in the month of August falling by 2.3% on a sequential basis, when the output of non-durable consumer goods slipped 6.1%, a report published by the Statistics Denmark showed on Monday. Danish capital goods production decreased 3.5% in August, while intermediate goods production added 4.4% in July.

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