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Wednesday, May 17, 2006

Wheat Flys To New Highs

Wheat flys to new highs: The weatherman has not been kind to US Wheat farmers this year, with drought conditions in the winter and spring severely cutting potential yields. Now calls for well-above normal temperatures in the Great Plains has traders fearing further losses to the crop. It didn't take long for Wheat bulls to flex their muscles, and prices soared right from the opening. Read More....