Wheat Futures Decline in Asia as Six-Day Rally to Record Seen as Overdone

September 28, 2007

Sept. 28 (Bloomberg) — Wheat prices fell in Asian trading, snapping a six-day rally, as some investors deemed yesterday’s rise to a record wasn’t justified by the outlook for supply. Wheat futures for December delivery fell as much as 11.25 cents, or Read More…

John Howard Says Australian Food Shortage Will Affect Prices By Gemma Daley Sept. 28 (Bloomberg) — Australia’s drought will cause a food shortage and that will affect prices, Prime Minister John Howard told Melbourne radio 3AW. Australia is struggling Read More…

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