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2157 GMT ?Dow Jones? Australian wheat prices likely to come...

  1. 22 Posts.
    2157 GMT ?Dow Jones? Australian wheat prices likely to come under renewed downward pressure today, after U.S. wheat futures hit fresh 4-month lows as fund selling accelerated into the close of the session, also weighed down by USD strength. Chicago Board of Trade March wheat lost 18.25 cents, or 3.8%, to end at US$4.69/bushel, just above session low of US$4.68, its lowest price since Oct. 6. Once again, a weaker AUD will moderate wheat price decline, with AUD/USD last 0.8815, down from 0.8915 yesterday evening. ASX milling wheat deliverable NSW lost A$3 yesterday to settle at A$212/metric ton. (RCB)
 
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