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Wheat Extends to 3-year Highs on Thursday

Source: Nasdaq

Commodities & Raw MaterialsMarket Technicals & Flows

Wheat futures extended their rally for a fourth straight day, finishing Thursday up 8 to 12.5 cents in Chicago SRW and 6 to 11 cents higher across the complex. Prices pushed into the winter wheat exchanges’ 3-year highs, with open interest rising by 4,998 contracts, signaling fresh participation alongside the move.

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