date:Aug 27, 2015
sive for overseas buyers.
The drop in wheat prices also followed a weekly government report released in the previous session showing 75% of the U.S. spring wheat crop was harvested as of Sunday, well ahead of the prior five-year average of 47%, the USDA said. Spring wheat is grown mostly in the northern Plains.
Wheat futures for September delivery fell 8 1/4 cents, or 1.6%, to $4.95 a bushel at the Chicago Board of Trade.
Corn prices also dropped, pressured by the lower dollar and beginning ha