Wheat is on a slide on Canada's plans boost planting

Source: Bloomberg
Wheat futures for July settlement were lower by 0.3% to $6.9075 per one bushel on the Chicago Board of Trade in Singapore trading hours on Thursday. The commodity depreciates for a fourth day and is on a losing strike since 5th of February. Investors expect lower price of wheat amid Canada's plans to increase planting and boost harvest of the second-biggest exporter in the world.
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