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Barchart
Barchart
Austin Schroeder

Wheat Closes Lower on Tuesday

The wheat market fell lower into the Tuesday close. CBT soft red wheat futures were 4 to 5 cents in the red. KC HRW futures posted losses on the day, with contracts to 4 to 5 cents lower. MPLS spring wheat futures were down 3 to 4 cents across the nearbys.

There is 1 to 3 inches of rain across parts of the winter wheat area over the next week, centered in parts of the eastern portions of the Southern Plains. 

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