Futures poised for new driver

By Malcolm Bartholomaeus
Updated February 10 2020 - 11:20am, first published 10:31am
Futures poised for new driver
Futures poised for new driver

Chicago Board of Trade wheat futures have been in a holding pattern since bottoming out early last week. For over a week the daily closing price was between 556.25 USc/bu and 562.25 USc/bu. The wheat market joined other markets in shaking off further downside from the coronavirus outbreak, but now needs a new driver to move one way or the other.

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