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Barchart
Barchart
Austin Schroeder

Wheat Closes in Rally Mode on Wednesday

The wheat complex rallied double digits on the Wednesday session. Chicago SRW futures were 11 to 14 3/4 cents higher on the day. KC HRW futures were 18 1/4 to 23 1/4 cents in the green. MPLS spring wheat was up 11 to 13 cents at the close.

The next week looks dry for much of the Plains from NE to TX, with much of SRW country remaining dry with scattered precip. Temps are also expected to be warm this week.

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