Wheat Lower

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March Chicago Wheat is trading at 502 1/2, down 5 3/4 cents. March Kansas City Wheat is trading at 540, down 4 cents. Generally weaker U.S. grain markets are pressuring wheat on Friday. Market talk is going around that snow cover in the U.S. is minimal due to warm temperatures and needs to be watched. Chatter is persistent that cheaper wheat from other regions around the globe is available along with record world supplies.
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