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News 2026-10-02 07:02 UTC

CBOT Wheat Forecasted to Bounce Within $6.90-$6.95 Range

CBOT December wheat may break resistance at $6.83-3/4 and potentially rise into the $6.90 to $6.95-3/4 range, influenced by a possible completed five-wave cycle from $7.36 and stabilization around $6.71 support.