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Published December 09, 2013, 10:13 AM

Statistics Canada report bearish

Wheat traded on the defense last week, losing ground in almost every session. Selling pressure was caused by poor exports and a bearish Statistics Canada report (which reported record Canadian production). For the week ending Dec. 5, March Minneapolis dropped 23.25 cents, March Chicago dropped 16.75 cents, and March Kansas City dropped 25.5 cents.

By: Ray Grabanski, Agweek

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