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Wheat Rallies on Thursday

Commodities & Raw MaterialsCommodity FuturesMarket Technicals & Flows

Wheat futures rallied on Thursday, with KC HRW leading gains at 10 1/2 to 29 1/4 cents, driven by the front months. Chicago SRW futures rose 10 to 13 1/4 cents across most contracts, while MPLS spring wheat was up 6 to 10 cents. The move reflects a broad wheat complex advance, but the article provides no catalyst or broader market context.

Analysis

Wheat futures rallied on Thursday, with KC HRW leading gains at 10 1/2 to 29 1/4 cents, driven by the front months. Chicago SRW futures rose 10 to 13 1/4 cents across most contracts, while MPLS spring wheat was up 6 to 10 cents. The move reflects a broad wheat complex advance, but the article provides no catalyst or broader market context.

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