CBOT wheat hits six-week high ahead of USDA crop report

AI Summary

Wheat futures at the Chicago Board of Trade climbed to a six-week high ahead of the upcoming monthly U.S. Department of Agriculture crop report. Traders increased positions as the USDA prepared to release its key crop data forecast.

Wheat futures rose during early trading on Friday at the Chicago Board of Trade, with contracts reaching a six-week high ahead of a key government crop report. CBOT wheat climbed 12 to 14 cents per bushel as traders adjusted positions before the U.S. Department of Agriculture releases monthly crop data at 12 p.m. EDT. The ...