Thursday, 28 April 2011

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Wheat, Corn Prices Fall on Oversupply Fears

  • Thursday, 28 April 2011
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  • NEW YORK (TheStreet) -- A weak dollar was unable to bolster wheat and corn futures Thursday as concerns the market would soon be flooded with supplies prevailed. The U.S. dollar index was down 0.4% to $73.05, which would normally bolster wheat and corn futures by increasing overseas buying power, but wheat for July delivery was tumbling 2.6% to $7.90 3/4 a bushel. Wheat was one of the biggest



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