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Barchart
Barchart
Austin Schroeder

Wheat Bulls Fail to Find Footing on Friday

The wheat complex faded lower into the weekend across most contracts. Chicago SRW contracts were mostly fractionally to 2 ¾ cents lower. December was up a tick, but still fell 35 ½ cents this week. KC HRW futures posted losses of 1 ¼ to 3 ¾ cents on Friday, with a weekly loss of 39 ½ cents. MPLS spring wheat was down ¼ to 2 ½ cents at the close, with December slipping 35 cents from last Friday

Despite the reports of potential peace talks, another merchant vessel was struck overnight in the Black Sea. Russia also struck Kyiv with more missiles overnight.

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