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Wheat Pushing Higher on Thursday
Source: Nasdaq
Commodities & Raw MaterialsCommodity FuturesMarket Technicals & Flows
Wheat futures rebounded 4-7 cents Thursday morning after the complex fell 5.5-17 cents across the three exchanges on Wednesday, led by Chicago SRW contracts. The decline occurred despite the USDA Grain Stocks report indicating tighter inventories, suggesting near-term price action remains technically weak and volatile despite supportive supply fundamentals.
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