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USA WHEAT NEWS

Wheat, quarterly stocks fell from 2.159 billion bushels on September 1 down to 1.671 billion bushels on December 1. Analysts didn’t predict a big-enough drop, with the average trade guess at 1.695 billion bushels. Projected 2020/21 ending wheat stocks fell another 26 million bushels to 836 million bushels, meantime. That’s 19% lower than the same point

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