Wheat Soars to Record as U.S. Stockpiles Head for 60-Year Low Feb. 11 (Bloomberg) -- Wheat futures in Chicago breached $11 a bushel for the first time, rising by the exchange-imposed daily limit for a sixth day after the U.S. forecast its lowest inventories in 60 years.
Stockpiles in the world's biggest exporter will drop to 272 million bushels at the end of May, 6.8 percent less than expected a month ago and down 40 percent from a year earlier, the U.S. Department of Agriculture said in a report Feb. 8. Inventories will be the lowest since 1948 when farmers grew less and shipped supplies overseas to help countries rebuild after World War II. http://www.bloomberg.com/apps/news?pid=20601087&sid=ah7IZrnlONFE&refer=home ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;160198600;22374440;w Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:253887 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
