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Wheat Facing Continued Weakness on Thursday
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsMarket Technicals & Flows
Wheat futures traded lower Thursday, with Chicago SRW down 4 to 5.25 cents, Kansas City HRW off 7 to 8.5 cents, and Minneapolis spring wheat declining 11 to 12 cents by midday. The broad weakness across wheat contracts indicates near-term bearish trading sentiment ahead of the USDA Export Sales report.
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mildly negative
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