Photo: Thinkstock

CBOT weekly outlook: U.S. wheat remains rangebound 

U.S. wheat prices essentially bottomed out during late November; recovered somewhat in December

Reading Time: 2 minutes United States wheat prices have been in something of a quandary lately, with any hope of higher prices curtailed by the need to remain competitive with cheaper Russian wheat, according to Tom Lilja of Progressive Ag in Fargo, North Dakota.