International Wheat Market Report 07th December 2017

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Wheat futures saw most contracts 5 to 8 1/4 cents lower today, with a few MPLS contracts down as much as 12 1/2. Trade data from the month of October shows the US shipped 1.393 MMT of wheat. That was down 19.64% from last month and 40.94% lower than the same time last year. This morning’s report from Stats Canada showed the country’s 2017 total wheat production hit 29.984 MMT.

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