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Wheat Faces Friday Weakness, as USDA Hikes World Wheat Stocks
Source: Nasdaq
Commodity FuturesCommodities & Raw Materials
Wheat futures weakened across Chicago SRW and Kansas City HRW markets ahead of the weekend. Chicago SRW contracts fell 8.25-16.25 cents, while December declined 6.5 cents for the week; KC HRW contracts lost 10-20.25 cents. The broad selling pressure signals a bearish near-term tone for U.S. wheat prices.
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