CBOT Wheat Hits 7-Week Low; World Markets Follow
Sep CBOT fell 12.0 cents amid additional fund liquidation. Dryness in the US PNW and across Western Europe will sustain a speedy harvest. US weekly export sales were uneventful at 13 Mil Bu. A pace of 15 Mil per week is needed to meet USDA’s target. World cash markets continue to signal less than expected…