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Wheat Faces Risk Off Weakness on Wednesday

Source: Nasdaq

Commodity FuturesCommodities & Raw Materials

Wheat futures closed lower on Wednesday, with Chicago SRW contracts down 2.75-9.25 cents, KC HRW down 4.75-9.75 cents, and Minneapolis spring wheat down 2.5-7 cents. The broad decline across U.S. wheat benchmarks indicates near-term bearish pressure in the wheat complex.

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