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The wheat market displayed steady trading on Monday, with CBT soft red wheat futures slightly down by 0.5 cents at $4.98, while KC HRW futures fell by 1 cent to $4.82. Meanwhile, MPLS spring wheat futures remained steady to slightly higher.
In international trade, Saudi Arabia purchased 500,000 MT of wheat from abroad, and Algeria issued a tender for 50,000 MT of durum wheat, with a submission deadline of October 15.
Notably, due to Columbus Day, all federal offices are closed, delaying the release of Export Inspections to Tuesday.
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