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* However, wheat ended well below the day's highs and faded late as the Dow eased from its highs and the dollar pared losses. * European wheat futures rose in step with US grains and broader markets amid cautious optimism that European leaders would take decisive action in the coming week to tackle a debt crisis in the euro zone. * Dry weather remains an issue in the US Plains winter wheat belt. Joel Widenor, meteorologist for Commodity Weather Group, said 20 percent of the Plains would have crop establishment problems.