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18 मई 2015

CBOT Wheat Trades Under Pressure On Russian Move

 CBOT wheat decreased on Russia announcement ofending wheat export tax.Russia has removed a duty on wheat export. The decision will allow Russia to export up to an additional one million tons of wheat by June 30.It will putpressure on global wheat prices, including Russian wheat.New crop in US too is due in mid June.Export sales are lower.

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