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Spot basis bids for hard red winter (HRW) wheat were unchanged in the southern US Plains on Thursday and a decline in K.C. wheat futures kept farmer selling to a minimum, grain merchandisers said. USDA reported export sales of US wheat in the week ended January 7 at 274,600 tonnes for 2015/16 and 16,000 tonnes for 2016/17, in line with trade expectations.

Copyright Reuters, 2016

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