International Wheat Market Report 5th July 2017

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Wheat futures settled sharply higher on Monday. MPLS led the way with gains of 11 1/2 to 44 1/4 cents. KC was limit up in the 3 nearby contracts as CBT was 22 to 29 cents higher in most contracts. Projected daily highs in the Dakotas were in the 102-108 range for next week but are moderating a little. Wheat weekly export inspections were 505,031 MT. That is down 23.46% compared to a week ago and 11.59% lower than the same time last year.

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