CHICAGO(Commodity Online): US Wheat futures close higher as weakness in the dollar supports prices.
Strength in the Crude Oil and equities add to the positive tone for the grain markets as concerns ease about the global economy and uncertain demand for commodities.
"Optimism for a resolution of the debt crisis in Europe is favorable for the Wheat outlook," says Doane Advisory Services.
CBOT December wheat gains 4 3/4c to $6.22 3/4 a bushel; KCBT December rises 6 1/2c to $7.07 1/2; MGEX December jumps 9 1/4c to $8.92 1/2.
