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Latest From Adriel Cheng
Wheat futures were broadly higher on Wednesday on technical buying and spreading between soybean and wheat futures.
Wheat futures were broadly lower on Tuesday due to spillover weakness from corn futures and weaker energy prices.
Wheat prices were higher on Thursday due to lower global wheat production projections in USDA’s WASDE report and spillover strength from corn and soybean futures.
Wheat prices were lower on Wednesday as traders adjusted their positions before USDA’s Thursday reports.
Wheat prices rose on Tuesday on technical buying and spillover strength from corn futures.
Wheat futures rallied on Monday on dryness in Argentina and spreading.