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Wheat futures climb as Russia's export forecasts drop, boosting U.S. wheat demand.
Wheat futures have risen by over 1% in Chicago due to lowered export expectations from Russia, boosting demand for U.S. wheat.
Despite this, corn and soybean markets have shown limited gains due to concerns over trade conflicts.
Russian consultancy IKAR cut its wheat export forecast to 41 million tons, while the USDA projected a higher global wheat stock due to larger harvests in Australia, Argentina, and Ukraine.
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Los futuros de trigo aumentan a medida que las previsiones de exportación de Rusia disminuyen, aumentando la demanda de trigo de Estados Unidos.