BLBG: Wheat Rises to Two-Month High as Rains Delay U.S. Planting
By Luzi Ann Javier
Oct. 23 (Bloomberg) -- Wheat rose to the highest in more than two months on concern snow and rains in the U.S. will delay planting.
Wheat for December delivery gained 1.1 percent to $5.5775 a bushel in after-hours electronic trading at 11:11 a.m. Singapore time. That’s the highest price for the most active contract since Aug. 5.