Archive for octobre 3rd, 2012

Dryness concerns send wheat price soaring 6%

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Wheat prices soared 6% in Chicago to their highest since September, and in Paris to its highest for nearly a year, amid continued concerns over the dry weather threatening a range of producing countries.

Chicago’s July wheat contract came within 3 cents of regaining $7 a bushel before easing to end at $6.95 ¼, up 5.7% on the day and 17% for the week, its ...

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