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Provided by Dow Jones TOP STORIES: Wheat Turns Higher After Brief Corrective Period Wheat for July delivery rose 0.3% to $7.12 1/4 a bushel, the highest close since May 2014 on the Chicago Board of Trade Friday, with a brief correction seen in pre-market trading dissipating as fund interest keeps futures moving higher. Corn for July delivery rose 0.2% to $6.32 1/2 a bushel, the highest close since July 2013. Soybeans for July delivery rose 0.1% to $15.16 a bushel, the highest close since July 2013. Grain futures trading on the CBOT turned lower in pre-market trade Friday, after yesterday s big surge in most-active futures. Some grains traders went for profit-taking, but the overall bullish trend stuck with trading throughout the day. There s a lot of runway left with these grains, said Josh Graves of R.J. O Brien. I don t see this bullish theme for grains coming to a halt anytime soon.

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