Business: World Wheat

For the benefit of its busy readers the Wall Street Journal carries a daily table called ''World Wheat at a Glance." Listed in four columns are closing prices for the previous nine trading days on the four great primary wheat markets—Liverpool, Buenos Aires, Winnipeg and Chicago. Last week it took no more than a glance at that table to perceive that world wheat was in the midst of something far more significant than a speculative war jiggle.

In a terrific burst of activity that put...

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