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LSE:PKO 24 December 2025

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  • Wheat Prices Dip Amid Mixed Trade and Production Cuts
    June 12, 2026, 11:26 AM EDT. Wheat futures fell early Friday, with contracts down 1 to 4 cents. Chicago Soft Red Winter (SRW) wheat showed weakness, while Kansas City Hard Red Winter (HRW) wheat led gains Thursday. The U.S. Department of Agriculture (USDA) cut winter wheat production by 18 million bushels, lowering yield estimates and new crop carryout stocks by 18 mbu. Weekly export sales beat forecasts, driven by Mexico and Asian buyers. Globally, 2025/26 carryout rose slightly with Australia production lowered by 2 million metric tons and Russia's output up 2 million. French soft wheat crop conditions improved slightly. Market reaction reflects supply concerns amid mixed international outlooks and solid export demand for new crop wheat.

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Fifth Third Begins NYSE Trading After Leaving Nasdaq

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Fifth Third Bancorp completed the largest bank transfer in NYSE history as its shares began trading on the exchange June 12 under the unchanged ticker FITB, with stock up 1.35% to $54.14 in early trading after closing at $53.42 on Nasdaq; the move follows its merger with Comerica, forming the ninth-largest U.S. bank with $294 billion in assets.
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