Saturday, 23 April 2011
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Wheat closes lower as winter wheat crop condition drops
Wheat For the week, Chicago wheat closed $.53 1/4 lower; Kansas City wheat $.67 1/4 lower and Minneapolis wheat $.64 1/4 lower. Last week, private exporters did not report any private sales. The weekly USDA crop condition report, rated the U.S. winter wheat crop at just 36 percent good/excellent, sharply below last year's early April rating of 65 percent good/excellent. On the bottom end of the
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