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IEG Vu Prices Briefing: Wheat rises on crop concerns; cocoa slide continues; Chinese AJC opens high

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Crop concerns propelled wheat prices higher last week, while cocoa continued to weaken. First new season offers on Chinese AJC were significantly up from those of a year ago, due to the frost which hit growing regions this spring. Gains were also seen in the Thai pineapple raw material price and in European whey powder, but there were further cracks in European egg prices.


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