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Signs are pointing to a diminishing wheat glut and upward trending prices for the battered commodity as farmers plant less, consumption increases and supplies begin to tighten. According to a Bloomberg survey of 13 market analysts, wheat is expected to gain in 2017 for the first time in five years. Additionally, Rabobank says there is a “real possibility” of a supply shock in the U.S. and Europe if farmers shift to more profitable crops.

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