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Markets

Chicago wheat retreats toward 4-month low on Russian export outlook

  • Corn and soybean futures rose after sharp declines in recent weeks attracted bargain buying
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CANBERRA: Chicago wheat futures retreated on Monday toward a 4-month low hit last week as expectations of increased Russian wheat exports outweighed strong demand for US grain.

Corn and soybean futures rose after sharp declines in recent weeks attracted bargain buying.