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“All three wheat classes are trading higher this morning as poor crop conditions support prices,” Total Farm Marketing said. “May Chicago wheat is up 5 cents to $6.54, KC is up 8-1/2 cents to $7.05-1/4, and Minn wheat is up 4-1/2 cents to $7.02. According to the USDA, 30% of the winter wheat crop is rated good to excellent which is unchanged from last week but is down 19% from this time a year ago.”
