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The stock market came under heavy pressure amid economic concerns in China and Europe and the U.S. dollar rallied Tuesday which caused stiff macro-economic headwinds for wheat futures.
News of rain of several key U.S. growing areas kept pressure on the wheat market early on Tuesday, ann more than offset support from positive outside market forces that happened in the morning.
The cold weather snap in the Former Soviet Union and Europe can take some of the credit for the gain in the wheat market.