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John Heinberg at Total Farm Marketing said, “Wheat closed marginally lower after a two-sided trading session. A lack of fresh friendly news and futures having become technically overbought put some pressure on the market. Additionally, a lower close for MATIF wheat futures offered no support to the U.S. market. In the September contract, Chicago lost 1-1/4 cents to 681-1/2, Kansas City dropped 6 cents to 756-1/4, and MIAX fell 2-1/2 cents to 698-1/4.”





