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Wheat Rallying Early on Wednesday
Source: Nasdaq
Commodities & Raw MaterialsCommodity FuturesMarket Technicals & Flows
Wheat prices rose on Wednesday morning, gaining 9 1/4 to 13 1/2 cents, after the complex turned mostly higher on Tuesday following early losses. Chicago SRW futures were up 3 3/4 to 8 3/4 cents across the board, while open interest declined (details incomplete). Overall, the move suggests modestly bullish near-term momentum in wheat futures.
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