New Summary: Wheat falls on rain forecasts

Updated at: 02/04/2013 3:08 PM
By The Associated Press

WHEAT FALLS: Wheat prices fell for a third day, as forecasters predicted rain in the coming days for the Great Plains region. That should help this year’s crop.

VITAL MOISTURE: Wheat is currently in its dormancy period. Rain now will help give the grain vital moisture for when it starts to grow in the spring.

MIXED METALS: Prices of metals were mixed. Gold, platinum and palladium all rose. Silver and copper fell.

(Copyright 2013 by The Associated Press. All Rights Reserved.)