International Wheat Market Report 28th February 2018

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Wheat futures saw slight to 4 cent gains in most CBT and MPLS contracts on Tuesday. KC HRW contracts were mostly 9 to 11 1/4 cents higher in the front months following Monday’s state condition data showing continued deterioration of the crop. US wheat export commitments were 83% of the full year estimate as of last Friday’s USDA Export Sales report. The typical average for this time of year is 91%, with last year at 92%.

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