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Wheat Mar '18 (ZWH18)

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Brugler report

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1 hour ago
Wheat futures were mixed on Wednesday, with KC higher and CBT and MPLS lower in the front months. The USDA is expected to indicate 350,000-550,000 MT in all wheat export sales for the week ending Nov 16. That report will be at 7:30 AM CST. The Bureau of Meteorology in Australia has raised odds of a La Nina pattern starting in December to 70%. That would most likely bring warmer and wetter summers to that country, giving much needed moisture to the area. It would not be a major factor for Aussie 2017 wheat, which is already being harvested. It has some implications for South American production if it sticks around long enough.
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