International Wheat Market Report 8th May 2018

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Wheat futures were 10 to 12 cents lower in the HRS contracts on Monday. Most HRW and SRW contracts were 13 to 16 cents in the red. Winter wheat was reported at 33% headed as of Sunday, still lagging the normal pace of 41%. Conditions rose 1% to 34% gd/ex, with the Brugler500 also up 1 to 288 points. NASS also indicated that 30% of the spring wheat crop was planted, 21% below the average.

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