Wheat Futures Snap Winning Streak -- Daily Grain Highlights
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Wheat futures for March delivery fell 0.5% to $5.19 a bushel, ending a five-session winning streak amid Russia-Ukraine peace efforts. Soybeans and corn futures also declined. Traders are debating the war premium's impact on prices, with a potential cease-fire possibly lowering corn and wheat futures. Brazil's soybean harvest is underway, with expectations of a record crop. Key reports from the EIA, USDA, and CFTC are anticipated next week.
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