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Austin Schroeder

Wheat Faces Weakness on Monday

Chicago SRW KC MPLS Kansas USDA

The wheat complex was mixed to mostly lower across most contracts on Monday. Chicago SRW futures were down 1 to 2 cents. KC HRW futures saw Monday losses of 2 to 5 cents.  MPLS spring wheat was steady to 2 cents lower.

State Crop Progress report showed Kansas winter wheat ratings up 4% to 70% gd/ex, with the Brugler500 index up 9 points to 375.

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