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Wheat Falling Lower on Wednesday

Source: Nasdaq

Commodities & Raw MaterialsCommodity Futures

Wheat futures were broadly lower at midday Wednesday across all three major U.S. exchanges. Chicago SRW contracts fell 9-10 cents, Kansas City HRW futures led losses at 11-12 cents, and Minneapolis spring wheat declined 8-9 cents, indicating broad near-term bearish price pressure in the wheat complex.

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