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Wheat futures faced light pressure early in today's session, but the market rallied after the release of the USDA's reports at 11 a.m. CT. The market settled well off its highs, with Kansas City leading to the upside. Chicago wheat finished mostly 4 to 10 cents higher, Kansas City wheat 10 to 11 cents higher and Minneapolis wheat 5 to 7 cents higher. Today's gains helped wheat futures to end with slight weekly gains.
*Disclaimer: The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed therein constitutes a solicitation of the purchase or sale of any futures or options contracts.