Wheat prices climb nearly 1% as dollar flags

Wheat futures rose nearly one percent in American trade as the dollar index hit the lowest since May 4, 2016, following earlier data from the US, the world's second largest wheat exporter. 

As of 08:25 GMT, wheat futures due on September 15 rose 0.66% to $3.7900 from the opening of $3.7650, while the dollar index shed 0.20% to 92.86 from the opening of 93.04, marking a 15-month nadir. 

Earlier US data showed the ADP private sector employment change increased 178 thousand in July, slowing down from June, as markets await later US labor data on Friday. 

Investors now await the US payrolls report on Friday, with the unemployment rate expected to have fallen to lowest since April ,2001 at 4.3%, and for average hourly earnings to have grown 0.3% in July, and for the economy to have created 183 thousand new jobs last month.