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U.S. Wheat Eases with Focus on World Crop Report

Soybeans stay firm on export demand, corn turns higher

Wheat via Pixabay April 2021

Chicago wheat eased back on Wednesday, while Paris futures struck new contract highs, as the market awaited a U.S. government world crop report for a gauge of rain-hit harvesting in western Europe and reduced expectations of Russian supply, reports I.

U.S. soybeans rose for a second session on signs of accelerating export demand and spillover support from a jump in Malaysian palm oil futures, another key global oilseed market.

Chicago corn recovered from a day-earlier fall as investors adjusted positions before Thursday's U.S. Department of Agriculture world crop outlook.

Read the full report at Reuters.

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