Wheat Hits 1-Month Low

AI Summary

Wheat prices fell below $7 per bushel, near their lowest level since August 25, as traders evaluated details of a US-China trade agreement. The agreement includes plans to reduce tariffs on roughly $30 billion of imports from each country, including agricultural products.

Wheat fell below $7 per bushel in late September, remaining near its lowest level since August 25 as traders assessed fresh details of the US-China trade agreement, including tariff reductions on agricultural products. Both countries announced plans to lower tariffs on roughly $30 billion worth of imports from each side, covering a broad range of ...