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Wheat Futures Edge Higher in Turnaround from Losses

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U.S. wheat futures rose on Wednesday in a rebound from falls to one-month lows a day earlier on the Chicago Board of Trade and contract lows in Kansas City and Minneapolis markets.

Reuters reports soybean futures set a five-month low, while corn futures also eased.

Tuesday’s wheat price drop attracted bargain buying and short covering on Wednesday, traders told Reuters.

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