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Wheat hits biggest weekly gain in nearly four months

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Published Sun, Nov 1, 2015 · 09:50 PM

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    Chicago

    US WHEAT futures prices jumped 1.5 per cent on Friday last week and posted their biggest weekly gain in nearly four months, as traders positioned themselves ahead of a highly anticipated US Department of Agriculture November supply and demand report.

    Chicago Board of Trade December soft red wheat closed at US$5.22 a bushel, the biggest daily futures price increase since Oct 7.

    Commoditieswheat

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