International Wheat Market Report 2nd March 2018

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Wheat futures ended Thursday with strong gains going into close, as money coming out of the stocks market was looking for a home. CBT and KC were 20 to 22 3/4 cents higher in the nearby contracts, as MPLS was up 10 to 14 cents. The weekly US Drought Monitor saw dryness in parts of Eastern OK and TX and Southeast KS improving 1 class. Most of the Western parts of those states remained in the moderate to extreme drought class.

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