(Bloomberg) -- Wheat rose, extending a rally to an
11-year high in Chicago, as global demand for U.S. supplies
increased even after prices jumped 20 percent in two weeks.
U.S. exporters sold 541,000 metric tons of wheat in the
week ended June 14, the U.S. Department of Agriculture said
today, more than the 150,000 to 350,000 tons expected by
Citigroup Global Markets. The U.S. has sold 5.29 million metric
tons in the marketing year that started June 1, 18 percent more
than in the same period last year.
Read more at Bloomberg Commodities News
11-year high in Chicago, as global demand for U.S. supplies
increased even after prices jumped 20 percent in two weeks.
U.S. exporters sold 541,000 metric tons of wheat in the
week ended June 14, the U.S. Department of Agriculture said
today, more than the 150,000 to 350,000 tons expected by
Citigroup Global Markets. The U.S. has sold 5.29 million metric
tons in the marketing year that started June 1, 18 percent more
than in the same period last year.
Read more at Bloomberg Commodities News
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