Home Markets News Weather

Wheat Gains ahead of Weekend

« Go Back

Wheat futures closed the day with gains. Chicago SRW futures were 1 3/4 to 4 cents higher in the front months on Friday, which for Sept contracts limited the weekly loss to just 8 cents. KC futures were 2 1/2 to 3 1/2 cents higher at the closing bell, with Sept HRW down 1.56% wk/wk. MGE HRS futures were in the green by as much as 1 1/2 cents on Friday. From the Commitment of Traders report, SRW speculative traders were 1,699 contracts net long on July 28. Funds strengthened their KC wheat net short to 19,026 contracts. The weekly report showed managed money was 21,125 contracts net short in HRS futures. That was 472 contracts more short wk/wk on increased OI.

Sep 20 CBOT Wheat closed at $5.31 1/4, up 1 3/4 cents,

Sep 20 KCBT Wheat closed at $4.42 1/2, up 2 1/2 cents,

Sep 20 MGEX Wheat closed at $5.14, up 1 cent,

--- provided by Brugler Marketing & Management

« Go Back

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