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FINANCIAL MARKETS : Commodities : Wheat Futures Rise in Holiday Trading

October 13, 1987|From Associated Press

Rumors that India may looking for subsidized U.S. wheat to supplement its drought-ravaged crops sent wheat futures higher Monday on the Chicago Board of Trade.

Corn and soybean futures were weaker. On other markets, cattle futures registered strong gains while hogs were mixed; energy futures were mostly a little weaker, and precious metals declined slightly.

With many banks and government offices closed for the Columbus Day holiday, trading was thin in most financial futures markets.

Tables, Page 19

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