International Wheat Market Report 18th October 2017

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Wheat futures were fractionally to 1 3/4 cents lower in most SRW and HRW contracts, as HRS contracts showed 1-4 cents gains on Tuesday. Kansas typically has 46% of the crop emerged by now, with 25% shown in that stage. Japan’s MOA is seeking 123,736 MT of wheat from the US, Canada, and Australia. Of that total, 64,658 MT is sought from the US, with the tender due on Thursday.

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