Commodity Outlook for Wheat by KediaCommodity

Wheat yesterday traded with the negative node and settled -0.46% down at 1171. Global wheat inventories will total 181.9 million metric tons at the end of themarketing year on May 31, up 2.3 percent from last month's estimate, the U.S. Department of Agriculturesaid. Wheat production would increase by 5-7 percent this year due to timely rain and thefloods, which ultimately causes fertility in the

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