CBOT wheat futures rally.

PositionChicago Board of Trade

Chicago Board of Trade (CBOT) wheat futures rallied on Wednesday, with traders saying they had begun unwinding the corn-wheat spread after the US spring wheat tour found inconsistent yields in parts of North Dakota. CBOT September soft red winter wheat ended the day up 10-1/2 cents at $4.97-3/4 per bushel. K.C. September hard red winter wheat ended up 8 cents at $4.39-1/2 a bushel, and MGEX September spring wheat up...

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