Wheat drops more than 1 pct despite U.S. weather woes

07.03.2018

U.S. wheat futures fell more than 1 percent on Tuesday, though prices lingered near an eight-month high as adverse weather conditions threaten to crimp production from the world's largest exporter.

The most active wheat futures on the Chicago Board Of Trade were down 1.3 percent at $5.02-3/4 a bushel, by 0125...