Wheat Set for Biggest Monthly Drop Amid Pandemic Fears
Wheat was down 0.3% at $5.26 a bushel
US wheat futures on Friday fell to their lowest in two-and-a-half months, as a rise in new coronavirus cases on shores beyond China fuelled fears of a pandemic, pushing the grain towards its biggest monthly drop since last July, reports Reuters.
Wheat was down 0.3% at $5.26 a bushel, as of 0119 GMT, hovering near the session low of $5.24 a bushel -- the lowest since Dec 12, 2019.
The contract closed 1.5% lower in the previous session.