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Saturday, May 10, 2014

Domestic wheat markets remain at the top of the percentile ladder

By Augusto Semmelroth  |  Source: CME, ASX, ICE

After losing some significant ground in early April, international grain markets rebounded strongly in the second half of the month to see prices moving back to the highs of late March. While domestic old crop prices were relatively flat in April, new crop milling wheat and feed barley made some marginal gains to reach their 93rd and 89th percentile levels, respectively.

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