Related Keywords: Agriculture Email Print | December Wheat finished up 8 1/4 at 745, 9 1/2 off the high and 12 1/4 up from the low. December wheat pushed above last week’s highs overnight with traders crediting support to a lower dollar and a generally firm tone in commodity and equity markets to start the week. Traders noted that the corn market was widely watched today as it pushed to near 2-year highs on buying by funds. The December wheat contract made its high for the day overnight and then started the day session just below that high. The market then pushed to near unchanged into early afternoon before firming to near the mid point of the day’s trading range prior to the close. This week’s export inspections for wheat were 30 million bushels, up from 23.3 last week. Inspections need to average 25.3 million bushels each week to reach the USDA’s current export forecast. Buyers in Israel are looking to purchase up to 44,000 tonnes of feed wheat. Turkey’s state grain board is looking to sell 70,000 tonnes of durum wheat and 30,000 tonnes of milling wheat. Traders in Europe continue to assess the likely fallout from harvest rains in Germany in recent weeks with the focus shifting somewhat to quality issues rather than yield. Recent rains in some dry areas of western Australia along with ongoing favorable conditions in the eastern wheat belt have some sources there looking for an improved crop outlook. December Oats closed up 9 at 333. This was 9 1/2 up from the low and 2 off the high. Bron: CME