International Wheat Market Report 5th March 2018

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Wheat futures posted double digit losses in MPLS and Chicago futures today and just barely avoided them in KC HRW with its 8 3/4 to 9 3/4 cent losses. Profit taking ahead of the weekend was the main driver. Even after the sell off, KC March was up 53 cents per bushel for the week (11.3%) on declining crop condition ratings and a mostly dry forecast for the first half of March in the most afflicted areas.

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