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Wheat futures on all three US exchanges turned lower early on Monday after a firmer open, pressured by USDA increasing its 2008/09 world supply estimate, traders said. Chicago Board of Trade December wheat was down 9-1/2 cents at $5.11-1/2 a bushel by 9:58 am CST. Kansas City and Minneapolis December wheat contracts were 6 to 12 cents lower.

Copyright Reuters, 2008

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