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U.S. Wheat Export Basis will Remain High Until March 2021

Significantly greater Chinese demand for U.S. agricultural products limited export elevation availability, causing an increase in wheat export basis values for October 2020 through February 2021 deliveries. However, the anticipation of seasonally reduced Chinese demand for U.S. agricultural goods could pressure U.S. wheat export basis levels for March 2021 and forward delivery periods. The United

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Daily Market Wire – December 10, 2020

Chicago wheat March contract up US13.25cents/bushel to 583.25c/bu; Kansas wheat March contract up 14c/bu to 552c/bu; Minneapolis wheat March contract up 12.25c/bu to 555.5c/bu; MATIF wheat March contract up €1.25/t to €202.75; Corn March contract up 4c/bu to 423.75c/bu; Soybeans January contract up 12.75c/bu to 1156.5c/bu; Winnipeg canola January contract up C$3.90/t to $579.80/t; MATIF rapeseed February contract up €4/t to €408.75; Brent crude

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Daily Market Wire – December 9, 2020

Chicago wheat March contract down US7.5cents/bushel to 570c/bu; Kansas wheat March contract down 8.5c/bu to 538c/bu; Minneapolis wheat March contract down 5.5c/bu to 543.25c/bu; MATIF wheat March contract up €0.25/t to €201.5; Corn March contract down 4.25c/bu to 419.75c/bu; Soybeans January contract down 12.75c/bu to 1145.75c/bu; Winnipeg canola January contract down C$7.50/t to $575.90/t; MATIF rapeseed February contract down €3.25 to €404.75; Brent crude

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