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Published April 30, 2012, 10:53 AM

Demand drives markets higher

Wheat traded mixed last week with winter wheat exchanges gaining ground while Minneapolis drifted lower. For the week ending April 26, May Minneapolis dropped 23.25 cents, May Chicago was 10.25 cents higher, and May Kansas City was 13.25 cents higher. Weather was the main driver in all exchanges as frost concerns supported the winter wheat exchange while ideal conditions in the north encouraged planting progress.

By: Ray Grabanski, Agweek

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