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Wheat Prices on the Rise

February 28, 2008 on 5:04 pm | In Main Category | No Comments

It’s never fun to link to bad news but then no one ever accused us of being Pollyannas. The FT has some disappointing news from the wheat markets. This quote stood out:

Gavin Maguire, of Iowa Grain in Chicago, said consumers such as mills and bakers, who needed wheat, were “panicking”.

He said: “Historical references are useless. We are breaking all the rules.”

You can read the whole article here.