Wheat prices add nearly one percent in American trade

Economies.com
2016-12-30 19:57PM UTC

Wheat futures rose nearly one percent in American trade as the dollar index fell according to their inverse relation, which follows some data from the U.S., the world's second largest wheat exporter.
 
As of 08:54 GMT, wheat futures due on March 16 rose 0.80% to $408.00 a bushel from the opening price of $404.75, with an intraday high at $409.25, and a low at $403.50, while the dollar index shed 0.35% to 102.32 from the opening of 102.68.
 
Earlier data from the world's largest economy showed the Chicago PMI down to 54.6 in December from 57.6 in November, missing expectations of 56.5.

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