Wheat Rebounding as Global Stockpiles Drop Most Since 2007

March 21 (Bloomberg) -- Wheat stockpiles shrinking the most in four years means prices will keep rebounding from their worst slump in at least a quarter century. The grain will average $8 a bushel on the Chicago Board of Trade in the second quarter, 8.9 percent more than the $7.345 at which it last traded today, according to the median in a Bloomberg survey of 22 analysts. Contracts for delivery

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