Wheat| India's move to cut wheat export prices has curbed a rally in U.S.

November 11, 2013 9:41 AM | Skymet Weather Team

India's move to cut wheat export prices has curbed a rally in U.S. wheat futures and cheap cargoes are expected to enter the market after tenders this month, but that is unlikely to erode premiums for higher-quality Australian supplies. Indian wheat is similar to Australian standard, U.S. Soft red winter and Black Sea varieties of wheat.

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