12-28-2010 11:40 AM
EU wheat: Chicago on 'bit of rampage'
Paris wheat climbed to a near three-year high today, "partly due to the results from Egypt's latest wheat tender," according to Dow Jones. March Paris milling wheat hit an intraday high of EUR250.25/ton, a price last seen on March 28, 2008, the report said.
In the story a London broker noted, too, that higher U.S. grain prices have helped boost the European market, adding that "Chicago has been on a bit of a rampage" Tuesday.
Looks like the present bullishness is rippling 'round the globe today?
12-29-2010 01:20 PM
Re: EU wheat: Chicago on 'bit of rampage'
John - Thanks for teh update. Chi SRW is string but , not,,,,,,,, yet at a new high.
I amfglad to help supply Egypt- Not the bestmkt timers,
well aware I oft offer a diffewrent view.