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Barchart
Barchart
Austin Schroeder

Wheat Bulls Give Recent Strength Back on Monday

Chicago KC MPLS KCBT

The wheat complex was in give back mode on Monday, with all three markets weaker. Chicago SRW futures were down 14 to 17 cents across most contracts. KC HRW futures were down 5 to 6 cents at the close. MPLS spring wheat as down 1 to 3 cents on Monday.

The 7-day forecast is calling for less than ½ inch of precip in western potions of KS, and the OK/TX panhandles. Eastern portions of the Plains are seen with heavier precip totals.

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