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The Thursday weekly export sales report put wheat sales last week at a weak 362,000 metric tons, down 12% from the week prior and 13% below our four-week average. Slow demand comes as record-ending stocks keep importers buying hand-to-mouth as needed and last week's rally in-priced of $0.40. After another $0.40 rally, this week was surely going to see weaker export sales on our next report as we become a too-expensive port for wheat.
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