Price Report - December 2, 2016
Continued U.S. dollar strength weighed heavily on wheat futures this week. Strong export demand during the U.S. holiday week and dry conditions in the U.S. Plains and southeastern U.S. gave limited support to KCBT and CBOT, which finished the week lower, but lifted MGEX futures. Between Nov. 18 and Dec. 2, CBOT December wheat declined 20 cents to $3.87/bu, KCBT lost 24 cents to $3.90/bu and MGEX climbed 14 cents to $5.43/bu. CBOT December corn fell 8 cents to $3.37/bu and CBOT January soybeans grew 34 cents to $10.27/bu.