Wheat Futures May Fall in Chicago After USDA Raises Estimate of Supplies

Wheat may open 20 to 25 cents lower, heading for its biggest losing streak since January, after the U.S. unexpectedly raised its global stockpiles forecast today, said Mark Schultz, the chief analyst at Northstar Commodity Investments Co. in Minneapolis. Inventories of the grain will total 181.9 million metric tons as of May 31, up 2.3 percent from a February forecast, the U.S. Department of

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