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Price pressure from wheat expected to be short-lived

Price pressure from wheat expected to be short-lived

While most of the readers don’t raise wheat, it continues to be an important influence on corn prices. The smaller winter wheat acreage and steep drop in the spring wheat output increased the spread between Kansas City wheat futures and corn futures from 42 cents in April to $1.70 at the beginning of July.

The collapse in wheat prices over the last month and a ...




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