The Juice: A Little Something Extra for your morning
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Wheat eating into your wallet
A new high in wheat prices this morning is feeding inflation worries. U.S. wheat futures topped $10 dollars a bushel for the first time. Wheat prices have almost doubled since the start of the year.
The price of the grain surged this morning because there's concern dry weather in Argentina will shrink global supplies. India's harvest could suffer too without more rainfall.
Posted on December 17, 2007 4:53 AM PT | Permalink
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