Wheat steps higher from a six-month low

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Source: Bloomberg
Wheat futures for March settlement were higher by 0.6% to $7.5575 for one bushel on the Chicago Board of Trade in Asian trading session on Tuesday. The price increases from a six-low at $7.3975, which was reached on 4th of January. Investors wait for an estimation from USDA reserves, which, according to speculation, will be lower, as the U.S., the biggest world's wheat exporter, might decrease its inventories.
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Tue, 08 Jan 2013 15:53:43 GMT

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