DTN Closing Grain Comments 07/20 13:52
Wheat Prices Jump Higher; U.S. Dollar Sinks
September Minneapolis wheat jumped up 17 cents Friday, boosted by increased
drought in the Pacific Northwest and talk of wildfires burning wheat fields in
Oregon. U.S. winter wheat prices also traded higher with ongoing dry weather
concerns in Europe and helped by Friday's lower U.S. dollar after President
Trump repeated his criticism of the Federal Reserve's plan for higher interest
rates.
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