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Wheat falls as dollar’s rally, slumping economies curb demand

Posted on 11 February 2009

From Bloomberg: Wheat fell as the dollar’s rally and a global economic slump curb demand for grain from the U.S, the biggest exporter.

U.S. shippers will send 1 billion bushels (27.2 million metric tons) overseas in the year ending May 31, down from 1.26 billion bushels the prior year, the Department of Agriculture said today in a report. …. Full Article: Source


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