date:Oct 10, 2013
on.
The advancing harvest and weakness in the US stock market were seen as bearish forces to spark long liquidation selling. December meal pushed up to the highest level since September 19th before closing 1.38% lower.
Wheat Futures Closed Lower
December Wheat finished down 2 1/4 at 692 1/2, 7 1/4 off the high and 4 1/2 up from the low. March Wheat closed down 1 at 703 1/2. This was 5 3/4 up from the low and 5 3/4 off the high.
The lower close after first moving up to a new high for the move