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Wheat futures climb to highs for week; corn, soybeans expected firmer on Midwest dryness.
Wheat futures jump sharply to lead grains, soy complex higher as markets continue corrective bounce from recent slump.
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Corn and wheat futures built on Thursday’s strong corrective gains during overnight trade. Soybeans traded higher initially but failed to sustain the firmer tone.
Cash prices for corn, soybeans and wheat plunged over the past week.