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Barchart
Barchart
Austin Schroeder

Wheat Close with Gains on Tuesday

The wheat complex was back in rally mode with gains across the three markets on Tuesday. Chicago SRW futures were 5 to 8 cents higher on the session. KC HRW futures saw 7 ½ to 9 ¾ cent gains on the day. MPLS spring wheat was up 3 to 11 1/2 cents in the front months on Tuesday.

Crop Progress data showed the US spring wheat at 12% planted, matching the normal pace from the last 5 years. Emergence was pegged at 2%. 

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