Wheat hovers near 2-1/2-month low on surging US dollar

Chicago wheat futures inched loweron Thursday after plunging to a 2-1/2-month low in the previous session as the U.S. dollar surged to its strongest in a year, making U.S. farm exports less competitive on global markets. Corn and soybean futures steadied after three consecutive days of declines due to the dollar’s pressure, a faltering vegetable … Continue reading Wheat hovers near 2-1/2-month low on surging US dollar