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US Gross Domestic Product contracted by 0.9 per cent in the second quarter of this year after a first-quarter drop of 1.6 per cent, the US Commerce Depa

Concerns Over Excessive Supply Weaken Wheat Futures Wheat for March delivery fell 1.8% to $6.51 a bushel on the Chicago Board of Trade Monday as U.S. exports declined, according to USDA data. Wheat led a slide on grain prices, losing 2.2% amid signs of strong global supply and soft demand for the U.S. crop. The USDA reported that last week 397K metric tons of wheat were inspected for exports, down from 572K metric tons in the prior week. RJ OBriens Richard Feltes reports that the Chines...