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Markets

Chicago wheat hits near two-year high on dryness concerns

  • Corn rose and hovered near a two-month high, buoyed by strong export demand and weather concerns in the US corn belt
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BEIJING: Chicago wheat futures hit their highest point in nearly two years on Wednesday, supported by concerns over dryness in the US winter wheat belt and strong demand.

Corn rose and hovered near a two-month high, buoyed by strong export demand and weather concerns in the US corn belt. Soybeans also climbed.

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