Summary Box: Wheat advances as Russia extends export ban, nurturing hopes for robust US sales

By AP
Thursday, September 2, 2010

Summary Box: Wheat rises on extended Russian ban

BUYERS WANTED: Wheat prices advanced Thursday after Russia extended its export ban on the grain until next year’s harvest. That is nurturing hopes of more robust sales of the U.S. crop to other countries.

GAIN IN METALS: Gold, silver and industrial metals all settled higher after economic reports on jobs, housing and manufacturing showed slow economic growth.

ENERGIZED ENERGY: The new reports also boosted oil, natural gas and gasoline.

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