Wheat Drops Most in a Week After U.S. Export Sales Fall
This article is for subscribers only.
Wheat futures fell the most in a week as export sales of the grain tumbled 40 percent from the U.S., the world’s biggest shipper.
The government said today that export sales dropped to 387,877 metric tons in the week ended Jan. 24 from 647,545 tons a week earlier. Since June 1, shipments have declined 11 percent from a year earlier, U.S. Department of Agriculture data show.