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Market Impact: 0.18
Wheat Fading Back to Start Wednesday Trade
Source: Nasdaq
Commodities & Raw MaterialsCommodity FuturesMarket Technicals & FlowsFutures & Options
Wheat futures opened Wednesday lower, with contracts down about 5 to 11 cents, after an early-month rally extension. Chicago SRW was still up roughly 4 1/4 to 9 3/4 cents, while open interest rose by 12,816 contracts on Tuesday, suggesting positioning remained active despite the softer start.
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