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LOWER WHEAT YIELDS –

LOWER WHEAT YIELDS – USDA revised its wheat yield estimate for Illinois down 3 bushels, to 66 bushels per acre, based on lower yields and test weights in some areas. Short wheat crops in other parts of the world could boost prices. USDA this month lowered ending stocks of wheat to 935 million bushels and raised the season average price forecast to a range of $4.60 to $5.60. (FarmWeekNow.com)

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