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Thursday, March 28, 2013

Commodity Blog

Commodity Blog


Wheat Climb as Weather in USA Is Not Favorable to Crops

Posted: 27 Mar 2013 07:35 PM PDT

Wheat rose on concerns that adverse weather in the United States may lead to farmers planting less crops. There was a flood warning in North Dakota, the US largest growing area of spring wheat. At the same time, some analysts believed that planted acreage may be the biggest in four years. The forecast for wheat was not particularly positive and it is not certain that one should become particularly optimistic [...]

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