spintowin| CBOT wheat prices fall: Long positions lead to all gains. Keywords: CBOT wheat futures, long positions at profit, US$7.1675/bushel

2024-05-23

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spintowin| CBOT wheat prices fall: Long positions lead to all gains. Keywords: CBOT wheat futures, long positions at profit, US.1675/bushel

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CBOT wheat futures prices retract, bulls clear out

on WednesdayspintowinCBOT wheat futures prices fell from recent highs in trading in, mainly because investors chose to close their positions after making profits. Concerns about the outlook for Russian production pushed wheat prices to a 10-month high yesterday.spintowin.1675 US dollars/bushel, but this rise was not long-lasting. As the trading day progressed, a large number of long profit-taking caused wheat prices to retract all gains.