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Wheat prices continue slump on demand concerns

Posted on 03 February 2009

From Nasdaq.com: Wheat prices edged to their lowest level in nearly two weeks in early trading on Monday as the weakening economy has fueled demand concerns. March wheat fell to $5.54 per bushel, down 14 cents on the session. The grain has been trending lower for a week and has lost about 50 cents in that span.

Last week, Department of Agriculture showed wheat sales were just 23,500 metric tons in the week ended Jan. 22. …. Full Article: Source


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