Hedge recommendation:

Make a 25% old crop sale on KC July wheat at 645 and a 20% new crop sale on September at 658. 

In Minneapolis wheat, make an old crop sale at 705 on the July contract and a 20% sale on the new crop against the September at 715. 

If you have SRW wheat, make an old crop sale of 25% at 635 and new crop sale on September at 653.

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