Wheat futures on the Chicago Board of Trade fell to a new 3-1/2-month low at midmorning on Friday, pressured by a lack of significant export demand for US wheat amid plentiful global supplies, traders said. As of 10:33 am CST (1633 GMT), CBOT March wheat was down 6 cents at $4.81 per bushel, the lowest spot wheat price on a continuous chart since October 12, 2009.
Copyright Reuters, 2010