Last Updated : February 08, 2012 10:57
CBOT Updates: US wheat futures down on profit booking
CHICAGO (Commodity Online): US Wheat futures end lower on profit-taking and lack of fresh supportive news.
While the recent cold snap, and potential wheat damage in the Black Sea region, is supportive to prices, said analysts.
Damage has been factored in, and there's been no fresh news out of the region to drive markets higher.
Analysts add that traders were taking profits after recent gains with Thursday's USDA report looming.
CBOT March Wheat ends down 6 1/4c to $6.62 1/4 per bushel; MGEX wheat closes down 2 1/2c to $8.38 1/2; KCBT wheat down 7c to $7.12.
Courtesy:CME Group
NCDEX SILVERJUL2012 03 July 2012
contract was trading at
Rs 0 . What's your view on it?
