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Market Impact: 0.12

Wheat Starting Thursday with a Bounce

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & FlowsInvestor Sentiment & Positioning

Wheat is trading 1 to 8 cents higher Thursday morning after a midweek decline across the three major markets. Chicago SRW futures closed Wednesday down 2 to 5 3/4 cents, while open interest fell 6,033 contracts, signaling some position unwinding. The update is a routine grain market move with limited broader market impact.

Analysis

Wheat is trading 1 to 8 cents higher Thursday morning after a midweek decline across the three major markets. Chicago SRW futures closed Wednesday down 2 to 5 3/4 cents, while open interest fell 6,033 contracts, signaling some position unwinding. The update is a routine grain market move with limited broader market impact.

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