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Wheat Futures Extend Downturn, Most-Active Contract Falls 0.8%

Most-active wheat futures are down 0.8% this week. A Price Futures Group analyst says wheat has logged a seven-week streak of losses.

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Wheat futures’ downturn, which began in early September, has continued this week, with the most-active contract down 0.8%. “Wheat has led the declines over the last several weeks, with a 7-week streak of losses,” Austin Schroeder of Price Futures Group says in a note. Fears around a…