Wheat prices - will they kick their losing habit in 2015?

Wheat futures fell in 2014 for a second successive year, weighed by the strong world grain production result which hit prices of the likes of corn too. Still, the decline was limited in the end to 2.6% in the Chicago contract, the world benchmark, which ended 26% above the five-year low reached in late September, in a recovery fuelled by concerns over Russia - both in terms of export curbs and a poor start for autumn-sown seedlings.

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