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Wheat and corn post weekly declines after fund-fuelled rally
Published Sun, Feb 19, 2017 · 09:50 PM
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Chicago
US wheat and corn futures fell on Friday last week for a second straight session as traders liquidated long positions ahead of a US holiday weekend, and following a fund-driven rally seen as lacking fundamental drivers, analysts said.
Soyabeans also extended losses from Thursday, pressured by falling vegetable oil prices in Asia and an advancing soyabean harvest in Brazil.
KEYWORDS IN THIS ARTICLE
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