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Chicago wheat falls more than 2% after Putin peace comments

Chicago wheat futures dropped by more than 2% on Thursday after Russian President Vladimir Putin said there was a chance of a peace agreement to end the war in Ukraine. Traders cited profit-taking following recent 3-1/2-year highs.

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Chicago wheat futures dropped by more than 2% on Thursday after Russian President Vladimir Putin said there was a chance of a peace agreement to end the war in Ukraine.Traders said the comments triggered profit-taking after prices hit 3-1/2-year highs this week on growing concerns about the war dis…