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Wheat retreated, snapping a three-day run after the USDA reported a 56% drop in US exports last week on a weekly basis. Moreover, speculation that Ukraine is not planning to restrict exports added pressure on the commodity.
Corn dipped from five-week high as demand for US supplies is weakening. According to the USDA, US export sales plunged 69% last week.
Sugar gained on a potential fall in the global supply glut next marketing season as Brazil may raise mandatory amount of ethanol to be blended into gasoline from 20% to 25%.
Coffee extended previous gains despite an expected rebound in Colombian production. USDA stated Colombia's coffee output is likely to add 8.5% in 12 months started October 1.