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CBOT wheat retreated toward a multi-month low ahead of the monthly USDA report. The supplied text gives no further details on prices or the report outlook.
Weakness ahead of the report reflects a cautious market, while USDA supply-and-demand updates could shift wheat balance expectations. The limited information does not point to a specific supply change.
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.