
Wheat Falling Weaker on Thursday’s Midday

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The wheat complex is experiencing losses across all markets, with Chicago SRW futures down 2-3 cents, KC HRW futures down 7-8 cents, and MPLS spring wheat down 3-4 cents. Crude oil is slightly up by 27 cents amid US/Iran ceasefire reports. USDA will release Export Sales data on Friday, with analysts predicting old crop wheat sales of 0-250,000 MT and new crop sales of 100,000-300,000 MT.
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