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Barchart
Barchart
Austin Schroeder

Wheat Fading Early Gains for Midday Weakness

The wheat complex is fading off the early morning gains on Thursday. Chicago SRW contracts are steady to a penny higher so far. KC HRW futures are fractionally in the red at midday. MPLS spring wheat is showing fractional losses on the session.

USDA’s Export Sales report will be released on Friday morning due to the Monday holiday, with traders looking to see if the drop in US prices has picked up any demand.

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