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Wheat Falling Back on Tuesday Morning

Source: Nasdaq

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & Flows

Wheat futures were weaker in early Tuesday trade after most contracts rose on Monday. Chicago SRW gained 1¼–3 cents at Monday’s close, while KC HRW contracts rose from fractional amounts to 1¾ cents; Chicago open interest increased by 572 contracts, suggesting a rotation of ownership.

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