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The Hightower Report said, “Wheat rebounded yesterday following new contract lows early in the session after President Trump urged the UN to squeeze Russian financing of the war by stopping any purchases of Russian energy.” Matthew Lucas at Total Farm Marketing said, “The Canadian Grain Commission reported that samples of the Canadian durum wheat crop show signs of sprouting and mildew, attributed to wet weather. Earlier this month, Statistics Canada estimated the durum crop at 6.53 million metric tons, which, if realized, would be the largest harvest since 2020.”
