Wheat prices add nearly two percent before the weekend

Wheat futures rose nearly two percent in American trade, shrugging off the dollar's advance, which follows some data and developments from the world's largest wheat producer and exporter. 

As of 08:52 GMT, wheat futures due on September 15 rose 1.80% to $425.25 a bushel from the opening price of $417.75, with an intraday high at $427.00, and a low at $407.00. 

On the other hand, the dollar index, gauging the greenback's performance against a basket of six major counterparts, rose to 97.42 from the opening of 96.87, with a session-high at 97.54, and a low at 96.82. 

Earlier data from the world's largest economy showed the flash manufacturing index up to 52.9 in July from June's 51.3, while analysts expected 51.9, while traders await the meeting of the Federal Open Market Committee on July 26-27, the first since Britain's vote to exit the European Union, and after the stellar jobs data last month.