Price Report - October 17, 2014
U.S. wheat futures closed higher for the third consecutive week. A weaker U.S. dollar and strength in corn markets due to harvest delays supported wheat. Gains were limited by improving winter wheat prospects after weekend rains helped replenished soil moisture. KCBT December wheat gained 24 cents to close the week at $6.02/bu. CBOT added 18 cents to $5.16/bu and MGEX added 17 cents to $5.70/bu. CBOT December corn gained 14 cents to $3.48/bu and CBOT November soybeans added 29 cents to $9.52/bu.