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Latin America
Wheat Closes Higher
Wheat futures ended mostly 10 to 14 cents higher in Chicago, mostly 9 to 13 cents higher in Kansas City and mostly 10 to 12 cents higher in Minneapolis. Much of the strength in wheat futures today was tied to pressure on the U.S. dollar, which encourage short-covering in wheat. Hopes for improved demand for U.S. wheat were also supportive, however, as U.S. wheat is competitively priced and there has been a recent pickup in export demand.
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*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.
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