Summary Box: Wheat falls on concerns about demand

AP News
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Posted: Mar 07, 2012 4:05 PM
Summary Box: Wheat falls on concerns about demand

TOO MUCH WHEAT: Wheat prices fell as questions lingered about whether demand will be strong enough to make a significant dent in what's expected to be a record global supply this year. The price has fallen about 4 percent since March began.

HOPE FOR GREECE: Other commodities were mostly higher as confidence grew that Greece will be able to complete a successful bond swap and avoid a default on debt.

GAS GLUT: Natural gas prices dropped to the lowest level in a decade after the mild winter left a huge U.S. surplus in storage.