Home Markets News Weather

Wheat Market in Red at Midday

« Go Back

Midday trading in the wheat market has futures extending Thursday losses. SRW wheat is down 5 3/4 to 7 1/4 cents in the front months. KC HRW wheat is 8 3/4 to 9 1/4 cents lower so far. MPLS wheat is down by 2 to 3 cents in the front months. The Virtual Kansas Wheat Tour’s estimate for the state’s production was 284.4 mbu (USDA @ 306 mbu), from an average yield of 44.5 bpa. The wheat tour noted dryness, especially in the western regions. Old crop wheat export bookings from the week ending May 14 were 175,815 MT. Wheat shipments on the week were 13.5 mbu, which put the MYTD exports at 851.1 mbu With 3 weeks left is 87.7% of the USDA forecast. Japan purchased 110,573 MT of wheat in their weekly MOA tender, with 67,441 MT U.S. origin.

Jul 20 CBOT Wheat is at $5.08 3/4, down 7 1/4 cents,

Jul 20 KCBT Wheat is at $4.45 1/4, down 9 1/4 cents,

Jul 20 MGEX Wheat is at $5.15, down 3 cents,

--- provided by Brugler Marketing & Management

« Go Back

Real-time Login
     Get Real-time Data
Edit Preferences      Refresh:   On   Off