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Looming harvest pressure pushed leading wheat price indicators toward 10-month lows. The world wheat crop is seen near a record 770 million tonnes, with global stocks expected to hit record levels.
A record global crop and large stockpiles keep wheat prices under pressure, limiting the cost of wheat used in feed rations.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.