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Wheat Heads for Longest Rally Since April on War, Weather Risks

Chicago wheat futures headed for the longest rally since April as Black Sea supply risks and weather uncertainties support prices.

A combine harvester operates on a field during a durum wheat harvest on a farm near Zehner, Saskatchewan, Canada, on Thursday, Sept. 5, 2024. Canadian 2024-25 wheat production is seen rising to 33.8m tons from 32m tons last season, according to a Bloomberg survey of six analysts. Photographer: Heywood Yu/Bloomberg
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Wheat Heads for Longest Rally Since April on War, Weather Risks

Chicago wheat futures headed for the longest rally since April as Black Sea supply risks and weather uncertainties support prices.

A combine harvester operates on a field during a durum wheat harvest on a farm near Zehner, Saskatchewan, Canada, on Thursday, Sept. 5, 2024. Canadian 2024-25 wheat production is seen rising to 33.8m tons from 32m tons last season, according to a Bloomberg survey of six analysts. Photographer: Heywood Yu/Bloomberg
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