Friday, 25 March 2011

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Wheat prices surge on concerns about winter crop

  • Friday, 25 March 2011
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  • Wheat prices rose 3.5 percent on Thursday on questions about how the dry weather may have done much damage to the winter wheat crop in parts of Texas, Kansas and Oklahoma.Wheat for May delivery rose 25.25 cents to settle at $ 7.395 a bushel.Department of Agriculture U.S. says that 56 percent of the winter wheat crop in Texas is poor to very poor condition in early March. Oklahoma was a little



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