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The wheat market is trading higher on crop worries and global supplies with smaller supplies of wheat in the U.S., Canada and Russia, Ami Heesch of CHS Hedging said.

The wheat complex was firm overnight amid positive trade in row crops and weakness in the dollar.

”Support also stems from a recovery after slumping to oversold territory, and the fact that Canada, France and possibly Russia are downgrading their supplies,” Total Farm Marketing said.

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Wheat was unchanged overnight. “Fundamentally, traders will continue to react to weather issues around the world while garnering near-term sup…

“Wheat was higher on two-sided trade with Kansas City wheat leading the charge,” Patti Uhrich, with CHS Hedging, said. “The USDA weekly export…

The weakness in row crop markets spilled over to wheat. “The wheat market took a step back from spillover weakness in the row crops and outsid…

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