Todd Hultman, grain analyst at DTN, an Omaha, Neb.-based provider of agricultural markets news and information, says early reports from Europe, where the wheat harvest is beginning, suggest that the crop will be good this year. Other signs of bountiful wheat harvests around the world have been sending wheat prices lower. In other energy trading, heating oil fell 4 cents to $2.96 a gallon, natural gas fell 7 cents to $3.25 per 1,000 cubic feet and wholesale gasoline fell 4 cents to $2.87 a gallon.
Reported by SeattlePI.com 2 days ago.
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