Tuesday, February 12, 2008

Wheat prices still moving up at daily limits

UPDATE: The price limit for MGEX Spring Wheat Futures Contracts for Feb. 13 (trading beginning evening of Feb. 12) moves to 90 cents.

*Daily price limits shall revert back to $0.60 after no wheat futures contract month closes limit bid or limit offer for three consecutive business days.

As prices rise, consumption falls, and some starve.

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