Chicago Wheat and Corn Markets Edge Lower on Wary Trade
Chicago markets showed subdued activity as wheat and corn prices drifted with little buyer interest. May wheat opened near 6 1/2 cents lower, settled mixed around 6 1/2 to 7 cents down, while December and July futures fluctuated. Primary receipts neared 1.2 million bushels, with export shipments modest, and cash grain trade indicated cautious buyers amid a slack market. Adjusted notes say Argentina shipments remained substantial and Western movement expected to grow, though volume lagged earlier in the week.
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